No photos available
Offered at
$5,200,000
1521 SW 7th Street, Miami, FL 33135
- 0
- Beds
- 0
- Full Baths
- 15,592
- Sq.Ft.
Listing courtesy of Mauricio Villasuso, Fausto Commercial Realty Consultants Inc
Property 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. - 2 Folios: Includes 1529 SW 7 ST - Folio:01-4102-006-6019
Overview
At a glance
- Property Type
- Commercial Sale
- Property Sub-Type
- Multi Family
- Address
- 1521 SW 7th Street, Miami, FL 33135
- Zoning
- T5-O
- MLS ID
- A12044489
- Listing Date
- 2026-06-17
- Last Updated
- 6/28/2026, 6:02:32 PM
- Days on Market
- 64
Features & Amenities
The Details
Details
- Building Area
- 15,592 sq.ft.
- Lot Size
- 15,000 sq.ft.
- Lot Size (Acres)
- 0.34 acres
- Year Built
- 1924
- County
- Miami-Dade
- Zoning
- T5-O
Financial
- List Price
- $5,200,000
- Original List Price
- $5,200,000
Location
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Learn More →Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.