Miami Neighborhoods
Beds
Price
Search
 


Multifamily Residential
$5,200,000
1521 SW 7th St Miami, FL

A12044489

99 of 124 for Sale
Contact
an agent
  • Listed On:

    Jun 28, 2026
  • Days on Market:

    6
  • Year:

    1924
  • Taxes:

    n/a
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

1521 SW 7th St Miami, FL 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.

Interested in this Listing?

Miami Residence will connect you with an agent in a short time.

Required

For Sale Details

Any questions about Multifamily Residential?
Contact our Miami Real Estate Specialist today.

Need to sell your condo at Multifamily Residential?

We will sell it for you!
We are the leading Real Estate sales team in Miami, Florida. Our agressive marketing program and result-driven strategies will sell your Multifamily Residential condo fast.
Contact us for free professional market analysis and marketing plan customized for your property.
Call our office (305) 751-1000
0.163096904755