List Search

1553 SW 7th St
Miami, FL 33135 Little Havana

$5,072,000 USD

Apartments For Sale  •  9,747 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,747 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1926
  • Cap Rate 5.13 %
  • Zoning T5-O
52 Transit Score
93 Walk Score

Highlights

Completely reinforce and remodeled with a modern inside and old retro look outside.
Exceptional location, one block from the entertainment area on Calle 8 and 8 minutes away from I95, Brickell, Downtown, Coral Gables, and Mia Int Airp
The Property sits on 8,500 Sq. Ft Lot with T-5 Open zoning, allowing 12.6 residential units or 25.3 lodging/hotel units.
Zoning allows short-term rents.
Area of high demand
Rare to find 16 unit multifamily in the area.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $273,600 USD (2023)
Cap Rate: 5.13 %
Total Expenses: $91,200 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Fenced Lot
  • Laundry Facilities
  • Microwave
  • Heating
  • Vintage Building
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Vinyl Flooring
  • Window Coverings

Public Transportation

Commuter RailDriveWalkDistance
Culmer (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 6 min - 2.4 mi
Vizcaya (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 6 min - 2.9 mi
AirportDriveWalkDistance
Miami International 20 min - 10.3 mi
Fort Lauderdale/Hollywood International 36 min - 24.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Javier Motta 786-521-8144 Habitat Realty
Javier Motta 786-521-8144 Habitat Realty