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About this home
AMAZING UNIVERSITY CITY DISTRICT OPPORTUNITY, STEPS TO F. I. U. ! One of two fourplexes on a 12,500 SF site in the City of Sweetwater's University District. Four spacious 2 bed / 1 bath units averaging 1,047 SF, each with HVAC and a full size washer and dryer. Both buildings have completed 40 year recertification. All units are month to month at rents well below market, giving a new owner immediate control of the rent roll and a clear value add path. Eight dedicated parking spaces. Showings by appointment only. Please do not disturb tenants. https://www. zoneomics.com/code/sweetwater-FL/chapter_2 https://www. zoneomics.com/code/sweetwater-FL/chapter_7 https://baptisthealth.net/newsroom/press-release/florida-international-university-and-baptist-health-break-ground-on-new-academic-medical-center
Multi-familyProperty Type
1971Year Built
$406Price/Sq.Ft.
4 spacesParking
Listed by Fabian Lorenz-Talleyrand• Atlante Real Estate Inc
Sweetwater Groves, located between the Florida Turnpike and SW 107th Avenue, is a residential and suburban Sweetwater neighborhood with canal-lined edges and low-rise streetscapes. The neighborhood’s character concentrates around the SW 8th Street (Tamiami Trail) corridor near SW 107th Avenue, where small storefronts, bakeries, and casual eateries set a steady, street-level rhythm. Housing reads as practical South Florida: modest single-family homes, duplexes, and small apartment buildings with driveways, carports, and shaded front yards. Canals and pocket greenspaces shape the geography, adding open sightlines and breezy walking loops. Florida International University nearby lends a weekday pulse to coffee stops and late lunches along Tamiami Trail. Commutes and errands tend to orbit the Turnpike ramps and the retail strips along SW 8th Street.
Provided by Walk Score and Local Logic
Offer insights
10899 SW 7th St · $1,699,500
$1.7M and above
75% chance or better to win
Why $1.7M+ is a strong offer
DAYS ON MARKET
2 days
The average home goes pending in 87 days.
SALE-TO-LIST
93.2%
Most homes are selling 7% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Bedrooms
Four 2-bedroom units
Bathrooms
Four full bathrooms
Flooring
Ceramic tile
Heating & cooling
Central electric heating
Central air conditioning
Ceiling fans
Home design
Two stories
Parking
Four parking spaces
Open parking
Construction
Block construction
Shingle roof
Utilities
Public water
Public sewer
Cable available
Financial info
Total actual rent: $128,400
Operating expenses: $45,000
Trash collection included in rent
Electricity and solar
View estimated energy costs and solar savings for this home
The city's comprehensive plan the CP contains goals, policies and objectives which call for the creation of mixed-use corridors in high traffic areas of the city which are highly accessible via multiple modes of transportation. The intent of these regulations is to guide development within these mixed-use corridors in order to promote high density, intense development and to encourage quality residential and academic living facilities with direct access to shopping, recreation, entertainment, commercial and employment that will serve to further integrate the city's economy with that of Florida International University the university. It is further intended that dormitory residential occupancy in this area be promoted and encouraged in combination with office and neighborhood serving retail and service uses.
Permitted uses
Include but are not limited to:
Bank
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Self-Storage / mini-Storage
Research & development
Educational/school
Fire house
Police station
Climate risks
3/10 Flood Factor
Estimated 11-17% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
6 days above 105° expected this year, 25 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Miami, FL • 33174
Average low and high temperatures (°F)
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82
69
79
65
Jan
Feb
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Apr
May
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Sun exposure
78/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Miami. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 10899 SW 7th St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $725,000 and $1,300,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $725K to $1.3M.