1521 SW 7th Street, Miami, FL 33135 (MLS# A12044489)

1521 SW 7th Street, Miami, FL 33135

$5,200,000
Property Type: Commercial Sale Square Footage: 15,592 Status: Active
Current Price: $5,200,000 List Date: 6/17/2026 Last Modified: 6/28/2026

Overview

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 ...

Supplements: - 2 Folios: Includes 1529 SW 7 ST - Folio:01-4102-006-6019

Listing Details MLS# A12044489

General Property Information

Property Sub Type
Multi Family
Occupant Type
Tenant
Building Area Main
15592
Year Built
1924
Lot Size Area
15000
Lot Size Acres
0.34

Contract Information

Comp Sale YN
No
Original List Price
5200000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1521
Street Direction Prefix
SW
Street Name
7th
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33135
Postal Code +4
5511
Area
2410
Parcel Number
0141020066020
Subdivision Number
6
Zoning
T5-O
Flood Zone
X

Financial Information

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

Status Change Information

Major Change Timestamp
2026-06-17T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-06-28

Price Calculations

Current Price To SqFt
333.5

More Information

Section Details

Parcel Number MLX
6020

Originating Details

Originating System Key
517294900
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF
IDX
Listing Office: Fausto Commercial Realty Consultants Inc
Last Updated: June - 28 - 2026
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