550 SW 10th St, Miami FL 33130

550 10th St, Miami, FL, 33130
$2,300,000

Basics

Date added Added 1 month ago Category Type Status
Lot size, sq ft 7500 sq ft Year built 1954 LeaseTerm Month To Month ListOfficeName Douglas Elliman
ListAOR Miami Association of REALTORS® MLS ID A11605993

Description

  • 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.

Location

  • CountyOrParish: Miami-Dade County

Building Details

  • Cooling features: Wall/Window Unit(s)
  • ParkingTotal: 8
  • NewConstructionYN: No
  • Building Name: HAVANA HOUSE
  • Exterior material:
  • Roof:
  • Heating: Wall/Window Units

Amenities & Features

  • Security Features: Other Fire Protection, Motion Detector, Security Lights
  • Waterfront available: No
  • GarageYN: No
  • AttachedGarageYN: No
  • CoolingYN: Yes
  • PoolPrivateYN: No
  • FireplaceYN: No

Ask an Agent About This Home

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This style property is located in Miami is currently and has been listed on Igor Presman Commercial Real Estate. This property is listed at $2,300,000. It has bedrooms, bathrooms, and is . The property was built in 1954 year.

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