1553 SW 7th St, Miami, FL 33135

Javier Motta

PRO

3265070

Alejandro Sanchez

3253331

Habitat Realty LLC

Listed by Habitat Realty, Habitat Realty LLC

$4,300,000

250 days on market

Updated 3 days ago

1553 SW 7th St

Details

APN

01-41-02-006-5990

Property Type

Multifamily

Sub Type

Apartment Building, Apartment/Condo

Square Footage

9,747

Net Rentable (SqFt)

9,747

Units

Cap Rate

5.76%

NOI

$247,545

Occupancy

100%

Pro-Forma Cap Rate

6.25%

Pro-Forma NOI

$268,545

Price per SqFt

$441

Broker Co-Op

Class

Year Built

1926

Year Renovated

2023

Buildings

Stories

Lot Size (SqFt)

8,500

Zoning

6101

Investment Type

Stabilized

Occupancy Date

10/01/2025

Ground Lease

Ownership

Single

Sale Condition

For sale by owner

Turnkey 16-Unit Investment – Renovated 2023, Zoned for Short-Term Rentals

Marketing description

Fully renovated in 2023 gem in the heart of the vibrant Little Havana neighborhood; This incredible property offers a unique blend of modern interiors and a nostalgic retro façade, capturing the essence of this iconic area. Situated on an expansive 8,500 sq ft lot with T-5 Open zoning, this property is a rare find. Featuring four spacious 2-bedroom/1-bathroom units and twelve 1-bedroom/1-bathroom units, offering a total of 20 bedrooms and 16 bathrooms. The zoning permits short-term rentals, providing great income potential. Convenience with just a block away from the buzzing entertainment district on Calle 8 and a short 8-minute drive to I-95, Brickell, Downtown, Coral Gables, and Miami International Airport. The location is unbeatable. Don't miss this outstanding investment opportunity!

Investment highlights

Fully Renovated in 2023 – Includes structural reinforcement, concrete restoration, new impact windows, and roof replacement, ensuring long-term durability and reduced capital expenditures.
Prime Location – Little Havana – Just one block from Calle 8’s entertainment district and minutes from Brickell, Downtown, Coral Gables, and Miami International Airport.
16 Income-Producing Units – Configured as (4) spacious 2-Bed/1-Bath and (12) 1-Bed/1-Bath apartments, providing diverse rental options.
Flexible Zoning (T5-O) – Allows for short-term rentals (Airbnb/VRBO) or long-term tenancy, ensuring strong income potential and adaptability to market shifts.
High-Demand Rental Market – Located in one of Miami’s fastest-growing neighborhoods, with strong rental demand from tourists, professionals, and students alike.