1553 SOUTH WEST 7TH ST #16, Miami
$4,787,000 USD
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| Address | 1553 SOUTH WEST 7TH ST #16, Miami |
| Building Name | LAWRENCE ESTATES LAND COS |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $4,787,000 |
| Previous Price | $4,887,000 (56 days ago) |
| Property Status | Active |
| MLS Number | A11744196 |
| Living Area | 9747 |
| Year Built | 1926 |
| Folio Number | 01-41-02-006-5990 |
| Net Operating Income | $236,000 |
| Zoning Information | 6101 |
| Days on Market | 138 |
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
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33135 |
| Address | 1553 SOUTH WEST 7TH ST |
| Section | 2 |
| Zip Code (4 Digits) | 5514 |
Financial Information
| Price | $4,787,000 |
| Price per Foot | $0 |
| Previous Price | $4,887,000 |
| Folio Number | 01-41-02-006-5990 |
| Net Operating Income | $236,000 |
| Tax Amount | $44,934 |
| Tax Year | 2024 |
Full Descriptions
| 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. |
| Roof Description | Flat Roof With Facade Front |
| Floor Description | Tile, Vinyl |
| Cooling Description | Electric, Wall / Window Unit (s) |
| Heating Description | Window / Wall |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 9747 |
| Zoning Information | 6101 |
| Year Built | 1926 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | LAWRENCE ESTATES LAND COS |
| Development Name | LAWRENCE ESTATES LAND COS |
| Construction Type | Concrete Block Construction |
| Stories Number | 2.000 |
| Street Direction | South West |
| Listed with | Compass Florida, LLC. |