1521 SW 7th St
- Año de construcción
- 1924
Propiedad cortesía de Mauricio Villasuso, Fausto Commercial Realty Consultants Inc
Acerca de esta casa
Both buildings underwent a comprehensive gut renovation in 2015, including new plumbing, updated electrical infrastructure, and reinforced floor structures. With a current gross income of $402,276 and a pro forma gross income of $590,400, the portfolio presents a compelling value-add story with clear upside through rental rate normalization — units are currently averaging below market rents, offering an investor the opportunity to capture a 6.68% pro forma cap rate.
Little Havana continues to experience strong rental demand driven by its central location and direct connectivity to Miami's major employment hubs, including Downtown Miami, Brickell, the Health District, Coral Gables, and Miami International Airport. The neighborhood's affordability relative to surrounding submarkets, combined with ongoing private investment and revitalization, creates a resilient and growing tenant pool for multifamily investors seeking stable long-term returns.
Detalles
Property
- Type
- Income/MultiFamily
- Año de construcción
- 1924
- Lot size
- 15.000 pies²
- County
- Miami-Dade County
- Flood zone
- X
Vecindario
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