1521 7th St , en Venta & Alquilar

1521 7th St en Venta & Alquilar

Precio $5,200,000.00

• Tamaño de lote 15592
• Año de construcción 1924
• Frente al agua
• Zip 33135
• Estilo
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

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.

LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 18 BLK 102 LOT SIZE 7500 SQ FT OR 21033-3154 0202 4 (2) COC 25843-0394 07 2007 2

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.

City:Miami,Zoning:T5-O,List A O R:A-Miami Association of REALTORS,Latitude:25.7668253,List Price:5200000,Listing Id:A12044489,Longitude:-80.2199542,Mls Status:Active,Year Built:1924,Postal Code:33135,Street Name:7th St,Coordinates:1:25.7668253,Photos Count:12,Business Type:1:Commercial/Residential Income,Days On Market:11,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2026-06-17,Parcel Number:01-41-02-006-6020,Property Type:Commercial Sale,Street Number:1521,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2027-01-17,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5511,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Unparsed Address:1521 SW 7th St, Miami FL 33135,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Building Area Total:15592,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:15000,M I A M I R E_ Flood Zone:X,Original List Price:5200000,Public Survey Range:41,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2026-06-17,Originating System I D:miamire,Public Survey Section:2,Street Number Numeric:1521,Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 18 BLK 102 LOT SIZE 7500 SQ FT OR 21033-3154 0202 4 (2) COC 25843-0394 07 2007 2,M I A M I R E_ Current Price:5200000,Public Survey Township:41,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:Visit Fausto Commercial for more opportunities.,M I A M I R E_ Parcel Number M L X:6020,M I A M I R E_ Street View Param:1$25.766838$-80.219949$288.91$13.33$1.00$H17jq2ArG6GJ2IKsdkXNyw,Contract Status Change Date:2026-06-17,Internet Address Display Y N:1,Number Of Units In Community:24,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:6,M I A M I R E_ Agent Alternate Phone:305-340-8901,M I A M I R E_ Supplemental Remarks:- 2 Folios: Includes 1529 SW 7 ST - Folio:01-4102-006-6019,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1521 SW 7th St,Internet Automated Valuation Display Y N:1,