Basic Information

  • MLS # A11605993
  • Type Commercial
  • Style Multi Family
  • Status Active
  • Subdivision/Complex
  • Year Built 1954
  • Total Sqft 7,500
  • Date Listed 06/14/2024
  • Days on Market 90
Description

Welcome to Havana House. This 8-unit building comprises large one-bedroom, one-bath units, all with assigned parking. Three of the units have been remodeled, and the remaining five are in good condition. The roof was replaced in 2024, and all windows are impact-resistant. Plumbing was upgraded in 2023, along with the laundry facility. The building was recently painted and is ready for sale. All tenants are on month-to-month leases. Its proximity to Brickell and Little Havana makes this an ideal location for short-term rentals. The property has completed its 40-year recertification. With market rent at 2,000 per unit, the yearly income can be 192,000, with a CAP rate of over 7%. Please call the listing agent and do not disturb the tenants.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Parking Spaces 0
  • Parking Description
  • Roof Description Shingle

Interior Features

  • Adjusted Sqft 7,500
  • Cooling Description Wall Window Units
  • Floor Description Tile, Wood
  • Heating Description Window Unit, Wall Furnace
  • Sqft 7,500

Property Features

  • Address 550 S W10th St
  • Aprox. Lot Size 7,500
  • City Miami
  • Construction Materials Block
  • County Miami-Dade County
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional, Other
  • Occupant Type Tenant
  • Possession Closing Funding
  • Postal City Miami
  • Public Survey Section Two
  • Public Survey Township 1
  • Roof Shingle
  • Sewer Description Other
  • Short Sale Regular Sale
  • Stories 2
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $15,349
  • Tax Information CITY OF MIAMI SOUTH PB B-41 LOT 6 BLK 79 LOT SIZE 50.000 X 150 OR 12678-417 1085 5
  • Tax Year 0
  • Terms Considered Cash, Conventional, Other
  • Type of Property Multi Family
  • Water Source Public
  • Year Built Details Resale

550 SW 10th St

Miami, FL 33130

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