642 SW 10th Ave, Miami, FL 33130

About This Home

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

Heating

Central

Cooling

Central Air

Architectural Style

Other

Building & Association

Building Name

LAWRENCE ESTATE LAND CO

Stories

2

Stories Total

2

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Flat Roof With Facade Front

New Construction

No

Public Records

Parcel Number

01-41-02-005-4910

Tax Annual Amount

$17,555

Tax Year

2,025

Zoning

6107

County Or Parish

Miami-Dade County

Location