1521 Sw 7th St Miami, FL 33135

Listing agency Fausto Commercial Realty Consultants Inc m*@faustocommercial.com Show Phone

Listed by Mauricio Villasuso · License #3254982 Show Phone

Source Exprealty

Added: Jun 28 Updated: Jul 21 at 12:23AM Checked: Jul 22 at 9:22AM

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Investment Insights

Based on property information with market context.

This fully renovated two-building multifamily portfolio includes 24 residential units across two separate buildings. The property was comprehensively gut renovated in 2015, including new plumbing, updated electrical infrastructure, and reinforced floor structures, creating a renovated, turnkey asset profile.

The portfolio is located in Little Havana and includes 1529 SW 7 ST under Folio 01-4102-006-6019. The offering is presented as a two-folio portfolio purchase.

Current gross income is reported as $402,276, with pro forma gross income of $590,400. The pro forma figures reflect an income outlook that is higher than current results based on the provided rent normalization discussion.

Key Highlights

• Two‑building multifamily portfolio in Little Havana on SW 7th Street, totaling 24 residential units
• Both buildings completed a comprehensive gut renovation in 2015, including new plumbing and updated electrical infrastructure
• Portfolio sits on a 15,000 SF lot and is sold as a two‑folio purchase (1529 SW 7 ST; Folio 01‑4102‑006‑6019)

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FAQs

What type of property is this?

Apartment building - Two gut-renovated residential buildings totaling 24 units on a 15,000 SF lot, configured as a two-folio portfolio for purchase.

Where is this apartment building located?

The property is located at 1521 Sw 7th St Miami, FL.

What is the asking price?

The asking price for this property is $5,200,000.

What are key features of this property?

This property features: Two‑building multifamily portfolio in Little Havana on SW 7th Street, totaling 24 residential units; Both buildings completed a comprehensive gut renovation in 2015, including new plumbing and updated electrical infrastructure; Portfolio sits on a 15,000 SF lot and is sold as a two‑folio purchase (1529 SW 7 ST; Folio 01‑4102‑006‑6019)