For Sale

953 SW 10 ST

Miami, FL 33135

$3,650,000

Highlights

  • 14,000 SF building on a 14,000 SF (0.32 acres) lot
  • Built in 1926
  • Asking $261/SF

Property facts

Price
$3,650,000
Price per SF
$261/SF
Property type
Multi-family
Building size
14,000 SF
Lot size
14,000 SF (0.32 acres)
Year built
1926

About this property

Rare opportunity to acquire 15 of 16 condominium units in a renovated Little Havana building, offering near-total control, stabilized rental income, and multiple exit strategies. Located at 937 SW 7 Avenue, the property sits in eastern Little Havana, directly across from The Roads and minutes from Brickell, Downtown Miami, Calle Ocho, the Miami River, and major employment corridors. The offering includes 4 studios and 11 one-bedroom/one-bath units, all sold together by a single owner. The building sits on approximately 14,000 SF of land with approximately 14,000 SF of building area, onsite parking, and a double-lot footprint. Originally built in 1926, the property has been extensively renovated, including updated interiors, stone flooring, a new roof, and recent capital improvements. All units are occupied month-to-month, providing immediate income with operational flexibility. Unlike a typical small multifamily asset, this is a rare bulk condominium portfolio with near-total building control. A buyer can continue operating the units as-is, pursue individual condo resales over time, or explore association-level strategies, subject to buyer verification. Zoned T3-O, the property is best positioned as a renovated income and control play rather than a redevelopment site. At approximately $243,000 per unit, with rare optionality at the edge of Brickell and The Roads.

From the listing broker.

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