A rare opportunity to acquire a fully renovated, high-performing multifamily asset in the heart of Little Havana. Blending modern elegance with a timeless Mediterranean façade, this upgraded property sits on an expansive 8,500 sq. Ft. Lot with T-5 Open zoni

1553 SOUTH WEST 7TH ST #16, Miami

$4,787,000 USD
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      Address1553 SOUTH WEST 7TH ST #16, Miami
      Building NameLAWRENCE ESTATES LAND COS
      Type of PropertyQuadruplex
      Property StyleQuadruplex
      Price$4,787,000
      Previous Price$4,887,000 (35 days ago)
      Property StatusActive
      MLS NumberA11744196
      Living Area9747
      Year Built1926
      Folio Number01-41-02-006-5990
      Net Operating Income$236,000
      Zoning Information6101
      Days on Market117

      Detailed Description: A rare opportunity to acquire a fully renovated, high-performing multifamily asset in the heart of Little Havana. Blending modern elegance with a timeless Mediterranean façade, this upgraded property sits on an expansive 8,500 sq. Ft. Lot with T-5 Open zoning, offering immediate cash flow and future redevelopment potential. The property features four 2-bedroom / 1-bath units and twelve 1-bedroom / 1-bath units (20 beds, 16 baths), with upgrades including impact windows, new electrical and plumbing, mini-split A / C units, and designer kitchens and bathrooms with high-end finishes. Just steps from Calle Ocho and close to transformative urban developments, this investment is ideally located less than 10 minutes from I-95, Brickell, Downtown, Coral Gables, and Miami International Airport.

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      Address Information
      StateFlorida
      CityMiami
      CountyMiami-Dade County
      Zip Code33135
      Address1553 SOUTH WEST 7TH ST
      Section2
      Zip Code (4 Digits)5514
      Financial Information
      Price$4,787,000
      Price per Foot$0
      Previous Price$4,887,000
      Folio Number01-41-02-006-5990
      Net Operating Income$236,000
      Tax Amount$44,934
      Tax Year2024
      Full Descriptions
      Detailed DescriptionA rare opportunity to acquire a fully renovated, high-performing multifamily asset in the heart of Little Havana. Blending modern elegance with a timeless Mediterranean façade, this upgraded property sits on an expansive 8,500 sq. Ft. Lot with T-5 Open zoning, offering immediate cash flow and future redevelopment potential. The property features four 2-bedroom / 1-bath units and twelve 1-bedroom / 1-bath units (20 beds, 16 baths), with upgrades including impact windows, new electrical and plumbing, mini-split A / C units, and designer kitchens and bathrooms with high-end finishes. Just steps from Calle Ocho and close to transformative urban developments, this investment is ideally located less than 10 minutes from I-95, Brickell, Downtown, Coral Gables, and Miami International Airport.
      Roof DescriptionFlat Roof With Facade Front
      Floor DescriptionTile, Vinyl
      Cooling DescriptionElectric, Wall / Window Unit (s)
      Heating DescriptionWindow / Wall
      Sewer DescriptionPublic Sewer
      Property parameters
      Living Area9747
      Zoning Information6101
      Year Built1926
      Type of PropertyQuadruplex
      StyleQuadruplex
      Building NameLAWRENCE ESTATES LAND COS
      Development NameLAWRENCE ESTATES LAND COS
      Construction TypeConcrete Block Construction
      Stories Number2.000
      Street DirectionSouth West
      Listed withCompass Florida, LLC.