1521 SW 7th St, Miami FL 33135
Income/MultiFamily in Miami
$5,200,000
Listing courtesy of Fausto Commercial Realty Consultants Inc; Mauricio Villasuso. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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Income/MultiFamily, Commercial Sale
Details
Overview
Description
Fully Renovated Two-Building Multifamily Portfolio in the Heart of Little Havana. Located on SW 7th Street in Little Havana, this two-building portfolio consists of 24 residential units situated on a 15,000 SF lot, delivering stable in-place income with a renovated, turnkey asset profile and no immediate capital expenditure requirements. Both buildings underwent a comprehensive gut renovation in 2015, including new plumbing, updated electrical infrastructure, and reinforced floor structures. With a current gross income of $402,276 and a pro forma gross income of $590,400, the portfolio presents a compelling value-add story with clear upside through rental rate normalization — units are currently averaging below market rents, offering an investor the opportunity to capture a 6.68% pro forma cap rate. Little Havana continues to experience strong rental demand driven by its central location and direct connectivity to Miami's major employment hubs, including Downtown Miami, Brickell, the Health District, Coral Gables, and Miami International Airport. The neighborhood's affordability relative to surrounding submarkets, combined with ongoing private investment and revitalization, creates a resilient and growing tenant pool for multifamily investors seeking stable long-term returns.
This income/multifamily home located at 1521 SW 7th St, Miami FL 33135 is currently for sale and has been available on Brickellsold for 11 days. This property is listed at $5M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1924. 1521 SW 7th St, Miami FL 33135 is in Miami county Miami-Dade County.
Interior
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Property
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Construction
- Year Built: 1924
Community & HOA
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Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- Riverside Elementary • 0.0 mi • K-12
- Young Women's Preparatory Academy • 0.0 mi • K-12
- Shenandoah Elementary • 0.0 mi • K-12
- Former Region Office/Warehouse • 0.0 mi • K-12
- Coral Way K-8 Center • 0.0 mi • K-12
- Citrus Grove K-8 Center • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.