1521 SW 7th Street, Miami, FL 33135
$5,200,000 · $334 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $5,200,000
- Price per sq ft: $334
- Building size: 15,592 sq ft
- Lot size: 14,810 sq ft
- Zoning: T5-O
- Year built: 1924
- Parcel ID: 0141020066020
- MLS#: A12044489
About this property
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
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Fausto Commercial Realty Consultants Inc · cfm@faustocommercial.com · Listing agent: Mauricio Villasuso
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1521 SW 7th Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 1521 SW 7th Street
- How much is 1521 SW 7th Street?
- 1521 SW 7th Street is listed at $5,200,000, about $334 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 1521 SW 7th Street zoned?
- The listing reports zoning of T5-O. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 1521 SW 7th Street?
- The listing reports 15,592 square feet of building.
- When was 1521 SW 7th Street built?
- 1521 SW 7th Street was built in 1924. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- How do I tour 1521 SW 7th Street?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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