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Listed by Vicente Rodriguez • Fausto Commercial Realty Consultants Inc
$1,900,000
Est. payment /mo
3,679 SqFt
New
642 SW 10th Miami, FL 33130
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,679 sqft
Price per Sqft $516
Subdivision Lawrence Estate Land Co
MLS Listing ID A12103439
Year Built 1947
Annual Tax Amount $17,555
Tax Year 2025
Property Sub-Type Triplex
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.
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.
Location
State FL
County Miami- Dade
Area 2410
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Utilities Available Sewer Available
Roof Type Mansard
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Public Sewer
Others
HOA Fee Include None
Tax ID 01-41-02-005-4910
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12103439
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