Property Description

Three townhome-style residences in Little Havana with seller financing available for discussion. Negotiate a rate, payment structure and repayment schedule directly with the owner, potentially securing terms more favorable than lender alternatives. All terms are subject to agreement.

Completely remodeled in 2015 per seller information, each residence offers 4 bedrooms, 2.5 bathrooms and a small patio. Unit 1: approximately 1,600 SF, rented at $3,500/month. Unit 2: approximately 1,230 SF, rented at $3,750/month. Unit 3: approximately 1,230 SF, currently vacant.

Current scheduled rents total $7,250/month. Pro forma rents of $4,000 for Unit 1 and $3,750 each for Units 2 and 3 total $11,500/month or $138,000/year. Projected rents are assumptions, subject to existing leases and successful lease-up.

Near Calle Ocho, enjoy Little Havana’s restaurants, cafés, music and cultural destinations, with Brickell and Downtown Miami nearby. Ideal for an owner occupant seeking to live in one residence while renting the others, subject to lease availability, or an investor pursuing rental income and flexible financing.

Request the rent roll, lease details and proposed seller-financing terms. Reported unit areas differ from public records and require verification.

Features
Swimming Pool
Heating System
Cooling System
Roof
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33130
Street:
642 Sw 10th Ave, Miami, Florida 33130
Longitude:
W81° 48' 23''
Latitude:
N25° 46' 27''
MLS Addon
Building Area:
3,679 Sqft
Construction Materials
DOM:
2
Flooring
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
01-41-02-005-4910
Subdivision Name:
LAWRENCE ESTATE LAND CO
Tax Annual Amount:
$17,555
Utilities
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Residential Income For Sale

642 Sw 10th Ave, Miami, Florida 33130, Miami, Florida 33130

3,679 Sqft
$1,900,000
MLS # #A12103439
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,900,000
Square Footage :
3,679 Sqft
Year Built :
1947
MLS # :
A12103439
Agent info
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