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5-Unit Furnished Apartment Building
For Sale
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1645 SW 7th St, Miami, FL 33135

Remodeled multifamily property with furnished units, T-5 Open zoning, and an operating Airbnb use.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market146

Property Features for 1645 SW 7th St

General Information

Standard status Active
Lot size 0.17 Acres
Property subtype Multifamily
Zoning T-5 Open

Units

Unit Mix 2 x 3BR/2BA, 3 x 2BR/1BA
Multifamily Units 5

Additional Details

Furnished Yes
Cap Rate 7.17%
Highway Access Yes

Building Details

Year Built 1981
Construction CBS
Listing Agency: Habitat Realty
Listed By: Javier Motta · License #3265070
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 6:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Habitat Realty

Investment Insights

Based on property information with market context.

This five-unit apartment property is built with CBS construction and has been remodeled and furnished. The unit mix includes two three-bedroom, two-bath residences and three two-bedroom, one-bath residences, totaling 12 bedrooms and 7 bathrooms. Improvements include the roof, kitchens, bathrooms, AC systems, appliances, fencing, paint, parking, and furniture.

The property occupies a 7,500-square-foot lot with T-5 Open zoning. The zoning allows up to 11 residential units or 22 hotel units, and renders and concept designs are available upon request. It is one block from the entertainment area on Calle 8 and a few minutes from I-95, Brickell, Downtown, Coral Gables, and Miami International Airport. An Airbnb operation is in place, generating a 7.17% cap rate.

Key Highlights

  • Five‑unit multifamily property with 12 bedrooms and 7 bathrooms
  • Unit mix includes two 3‑bedroom/2‑bath units and three 2‑bedroom/1‑bath units
  • 7,500 Sq. Ft lot with T‑5 Open zoning

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Electrical Service Carpet & Flooring Store Acupuncture Restaurant Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,651
Businesses Nearby

Demographics for 33135, FL

36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Remodeled multifamily property with furnished units, T-5 Open zoning, and an operating Airbnb use.
Where is this apartment building located?
The property is located at 1645 SW 7th St Miami, FL.
What are key features of this property?
This property features: Five‑unit multifamily property with 12 bedrooms and 7 bathrooms; Unit mix includes two 3‑bedroom/2‑bath units and three 2‑bedroom/1‑bath units; 7,500 Sq. Ft lot with T‑5 Open zoning
(786) 521-8144 Call to check price and availability
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