Basic Information
- MLS # F10521593
- Type Commercial
- Total Sqft 14,096
- Date Listed 08/19/2025
- Days on Market 181
Amazing 7 Unit Multifamily Jewel Available! New Roof and New Impact Windows, 100% occupied with long term tenants since the owner purchased the building and updated. The unit mix consists of 3 - 2/1's , 3 - 1/1's and 1 large studio. Easy rent collection and Seller also easily self-manages the property. The Current Gross Income is $123,600. There is room to increase the rents and the Projected Gross Income will be $147,000. Annual Expenses are $29,463 which include Property Taxes:$19543, Water/Sewer:$3600, Insurance $5000, Lawn $720, Exterior Electric $600. Apartment electricity is metered separately and paid by Tenants. Current 6.5% cap, ProForma 8% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description Assigned
Interior Features
- Adjusted Sqft 14,096Sq.Ft
- Sqft 14,096 Sq.Ft
Property Features
- Aprox. Lot Size 14,096
- Furnished Info No
- Short Sale Regular Sale
- Subdivision Complex
- Subdivision Info
- Tax Amount $19,534
- Tax Year 2024
620 SW 7th
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RPM LUXE REALTY. tel: (561) 929-7317
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