642 SW 10th Ave, Miami FL 33130 | Miami-Dade County | A12103439
  • $1,900,000

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.

Property Overview

At 642 SW 10th Ave in Miami, this 1947 triplex presents a versatile opportunity in Little Havana. The property features three townhome-style residences within a total living area of 3,679 square feet. According to seller information, the homes were completely remodeled in 2015. Each of the three units includes four bedrooms, 2.5 bathrooms, and a small patio. Unit 1 is approximately 1,600 square feet, while Units 2 and 3 are each approximately 1,230 square feet. The investment profile is currently mixed, with two units generating income and one available. Unit 1 is rented at $3,500 per month, and Unit 2 is rented at $3,750 per month, bringing current scheduled rents to $7,250 monthly. Unit 3 is currently vacant. Pro forma projections assume rents of $4,000 for Unit 1 and $3,750 for both Units 2 and 3, totaling $11,500 per month or $138,000 annually. These projected figures are assumptions and depend on existing leases and the successful leasing of the vacant unit. The property is offered for sale at $1,900,000, with seller financing available for discussion. This option allows potential buyers to negotiate interest rates, payment structures, and repayment schedules directly with the owner. All terms remain subject to mutual agreement. The location places residents near Calle Ocho, providing access to local dining, cultural venues, and proximity to Brickell and Downtown Miami. For specific details regarding the financing terms or lease agreements, please call 305-859-4733.

Frequently Asked Questions

What is the current leasing status of the three residences?

Unit 1 is currently rented at $3,500 per month and Unit 2 is rented at $3,750 per month. Unit 3 is currently vacant.

What are the details of the seller financing offer?

The seller is open to discussing financing terms, allowing you to negotiate a rate, payment structure, and repayment schedule directly. These terms are subject to final agreement with the owner.

What is the pro forma rental income for the property?

The pro forma rent is projected at $4,000 for Unit 1 and $3,750 for each of Units 2 and 3, totaling $11,500 per month or $138,000 per year. These figures are assumptions and are subject to existing leases and successful lease-up.

When was the property remodeled and what are the unit sizes?

According to seller information, the property was completely remodeled in 2015. Unit 1 is approximately 1,600 square feet, while Units 2 and 3 are each approximately 1,230 square feet.

What are the features of each individual residence?

Each of the three townhome-style residences features 4 bedrooms, 2.5 bathrooms, and a small patio.

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

This listing is courtesy of Fausto Commercial Realty Consultants Inc.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: 10th Ave
  • City: Miami
  • Zip/Postal Code: 33130

Details

Updated on October 8, 2026 at 9:49 pm
  • Property ID A12103439
  • Price $1,900,000
  • Property Size 3679 Sq Ft
  • Year Built 1947
  • Property Status Active, Residential Income

Additional details

  • Cooling Central Air
  • Heating Central
  • Tax Year 2025
  • Building LAWRENCE ESTATE LAND CO
  • Listing Terms All Cash, Conventional, FHA, Owner Will Carry
  • Area Lawrence Estate Land Co
  • Total Stories 2
  • Waterfront No
  • Association No
  • Style Triplex
  • Private Pool No
  • Structure Type Triplex
  • Subdivision LAWRENCE ESTATE LAND CO
  • Annual Tax 17555
  • Year Built Details Effective Year Built
  • Building Area 3679
  • Lot Size (Sq Ft) 0
  • Flood Zone X
  • New Construction No
  • Construction Concrete Block Construction
  • Association Type None

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