531 SW 7th St, Miami FL 33130

Closed

$3,850,000

18.09%

Est. Payment $20,491/mo

MLS Sheet Video

1946

Year Built

874

Days on Market

Description

12 Unit Apt. Building, Great opportunity for investors, Located in a very desirable area, close vicinity to South Beach, Brickell, Coral Gables and Downtown Miami.

Facts

MLS#
A11016423
Subdivision
Property Type
Commercial Sale
Property Sub Type
Income/MultiFamily
Year Built
1946
Lot Size
15,000 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
874 days
Listed
Mar 19, 2021
Last Updated
Oct 12, 2023
Price/Lot Sq.Ft.
$257/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

50

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

10/12/2023Sold$3,850,000
1/20/2022Price change$3,850,000-18.1%
3/19/2021Listed for sale$4,700,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

531 SW 7th St, Miami FL 33130Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$23,850/mo

Principal & Interest

$20,491

Property Tax

$3,208

Insurance

$150

HOA

$0

20% ($770,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated within 24 hours

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