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1050 SW 7th St

$1,999,999

1050 SW 7th St, Miami, FL 33130

Active
Last Updated: 08/15/2024

4,400 sqft

Building Size

1968

Year Built

Details:
Building Size:    4,400 sqft
Year Built:    1968
Description:

In the heart of Little Havana and behind Calle Ocho lies this exceptional 6 unit multifamily income producing cash-cow that also has T5-L zoning allowing for AirBnB licensure and short-term rental. It’s stabilized with great rents. All units are 2 bedroom 1 bath units, w/individual water meters. New mini splits A/C, individual water meters and electric reducing operating expenses. Multifamily has proven to be a COVID and inflation proof investment, and the area continues to see great rent collections. Centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami. With rising population, high demand, it becomes ever more critical to capitalize now on such a unique location. Contact us now!

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Today's Available Mortgage Rates

1050 SW 7th St, Miami, Florida 33130

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/27/2025
Agency*Lender #591
5 Year Fixed
30 Year Amortization
Interest rate 5.92% 5 Year Fixed
Mo. Payment$6,063 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $10,000 Lender fees
Loan Amount $1,019,999 Loan Amount
Details
Agency*Lender #591
7 Year Fixed
30 Year Amortization
Interest rate 5.93% 7 Year Fixed
Mo. Payment$6,070 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $10,000 Lender fees
Loan Amount $1,019,999 Loan Amount
Details
Agency*Lender #591
10 Year Fixed
30 Year Amortization
Interest rate 6.01% 10 Year Fixed
Mo. Payment$6,122 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $10,000 Lender fees
Loan Amount $1,019,999 Loan Amount
Details
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CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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