642 SW 10th Ave, Miami, FL 33130
642 SW 10th Ave, Miami, FL 33130
642 SW 10th Ave, Miami, FL 33130
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$1,900,000
Est. payment /mo
3,679 SqFt

UPDATED:

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

HOA Y/N No

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.

Location

State FL

County Miami-dade

Community Lawrence Estate Land Co

Area 41

Zoning 6107

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Flat

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Block

Others

Tax ID 01-41-02-005-4910

Acceptable Financing Cash, Conventional, FHA, Owner May Carry

Listing Terms Cash, Conventional, FHA, Owner May Carry

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12103439


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc

NEARBY SCHOOL & BUSINESS

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William Gartin

William Gartin

+1(305) 842-6097

Agent License ID: 3422133

Agent License ID: 3422133

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