Homes for sale - 550 SW 10th St, Miami, FL 33130

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Tyler Coon

tyler@savvy.realty +1(828) 620-2541

$2,300,000

Est. payment - /mo

4,928 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,928 sqft

Price per Sqft $466

MLS Listing ID A11605993

Maintenance Fees $500

Construction Status Resale

HOA Y/N No

Year Built 1954

Annual Tax Amount $15,349

Lot Size 7,500 Sqft

Property Sub-Type Multi Family

Property 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 7.2%. Please call the listing agent and do not disturb the tenants.

Location

State FL

County Miami-dade

Area 41

Direction SW 8STREET TO 5 AVENUE SW GO SOUTH TO 10 STREET GO WEST TO PROPERTY

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Hardwood, Tile, Wood

Exterior

Roof Type Shingle

Total Parking Spaces 8

Private Pool Yes

Building

Story 2

Sewer Other

Water Public

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 01-02-07-090-1050

Ownership Corporation

Security Features Motion Detectors,Other,Security Lights

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Corporate Listing

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11605993

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Listed by Douglas Elliman

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Tyler Coon

+1(828) 620-2541

Founder & CEO | License ID: 313885

Founder & CEO License ID: 313885

550 SW 10th St Miami, FL 33130

Tyler Coon

Key Details

Location

Interior

Exterior

Building

Others

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550 SW 10th St