$1,900,000

For sale

642 SW 10th Ave, Miami FL 33130

3,679 sq ftBuilt 1947MLS# A12103439

Email to a friend

Email this property to a friend

By submitting you agree to be contacted about your request. Privacy policy

About this property

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.

Property details

Property type
Multi-family
Year built
1947
Living area
3,679 sq ft
Price per sq ft
$516
Property taxes
$17,555/yr
Parking
6 spaces
Building / community
Lawrence Estate Land Co
Status
For sale
MLS #
A12103439

Listing courtesy of Fausto Commercial Realty Consultants Inc.

Location

Similar properties

Photo of 1619 NW 1st St, Miami FL 33125 New listing
$1,575,000

Lawrence Estate Land Co

1619 NW 1st St, Miami FL 33125
4,762 sq ft
MLS# A12113232 · Listing courtesy of Real Estate Sales Force
Photo of 1459 NW 2nd St, Miami FL 33125 For sale
$1,550,000

Lawrence Estate Land Co

1459 NW 2nd St, Miami FL 33125
3,320 sq ft
MLS# A12082920 · Listing courtesy of Carlton International
Photo of 1132 NW 3rd St, Miami FL 33128 Price reduced
$2,250,000

Lawrence Estate Land Co

1132 NW 3rd St, Miami FL 33128
4,948 sq ft
MLS# A12009666 · Listing courtesy of The Agency Florida LLC