1521 SW 7 ST & 1529 SW 7 ST
Miami, FL 33135
$5,200,000
- Multi-family
- 7,736 SF building
- 0.34 acre lot
- $672/SF
Highlights
- 7,736 SF building on a 15,000 SF (0.34 acres) lot
- Built in 1924
- Asking $672/SF
Property facts
- Price
- $5,200,000
- Price per SF
- $672/SF
- Property type
- Multi-family
- Building size
- 7,736 SF
- Lot size
- 15,000 SF (0.34 acres)
- Year built
- 1924
About this property
Fausto Commercial presents a well-positioned multifamily investment opportunity in the heart of Little Havana, one of Miami’s most established and evolving urban neighborhoods. The property consists of **two apartment buildings totaling 24 units**, with **each building containing eight (8) one-bedroom / one-bath residences and four (4) studio units**, offering a balanced unit mix designed to appeal to a broad tenant base. Both buildings underwent a comprehensive gut renovation in 2015, including significant capital improvements such as new plumbing, updated electrical infrastructure, and reinforced floor structures, creating a more efficient and durable asset profile while reducing near-term capital expenditure requirements. These upgrades support long-term operational performance and enhance tenant appeal in a competitive rental market. The property benefits from exceptional connectivity to major employment and lifestyle destinations throughout the City of Miami. Residents enjoy convenient access to Downtown, Brickell, the Health District, Coral Gables, and Miami International Airport, placing a wide range of professional, healthcare, hospitality, government, and service-sector employment centers within a short commute. This central location continues to attract renters seeking affordability relative to Miami’s urban core while maintaining close proximity to work and transit corridors. Little Havana remains one of Miami’s most culturally rich and recognizable neighborhoods,
From the listing broker.
Our estimate
Location
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