CITY OF MIAMI SOUTH

531 SW 7th St, Miami FL 33130

9,040 ft²

Closed

$3,850,000

18.09%

Est. Payment $20,491/mo

MLS Sheet Video

9,040

Sq. Ft.

1946

Year Built

Stories

842

Days on Market

Description

12 Unit apt. Bldg. located in the center of Miami, close to South Beach, Brickell, Coral Gables, and Downtown Miami, Rent is below market Value, Great opportunity for developers and investors.

Facts

MLS#: A11028800
Subdivision: CITY OF MIAMI SOUTH
Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1946
Lot Size: 0 sqft
Sq. Ft.: 9,040 ft²
Sq. Mt.: 840 m²
Price per sq. ft.: $426/ft²
Price per sq. mt.: $4,583/m²
Stories: 2
Garage: —
Pool: —
Days on Market: 842 days
Listed: Apr 20, 2021
Last Updated: Oct 12, 2023
Price/Lot Sq.Ft.: —

Comparable homes

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$3,850,000

— bd · 0 ba · —

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$3,900,000

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835 SW 8th Ave, Miami FL 33130

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1020 SW 2nd St, Miami FL 33130

SOLD

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SOLD

$3,700,000

— bd · 0 ba · —

1029 SW 5th St, Miami FL 33130

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

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).

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

Mater Preparatory Academy
KG,1,2,3,4,5,6,7,8 · charter · 0.3 mi
Sports Leadership Of Miami Charter High School
9,10,11,12 · charter · 0.3 mi
Sports Leadership And Management (Slam) Charter Middle School
6,7,8 · charter · 0.3 mi
Charter High School Of The Americas
9,10,11,12 · charter · 0.3 mi
Lincoln Marti Schools #08
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.4 mi
Lincoln Marti Dc-931 Sw 1st
PK,KG · private · 0.4 mi
Lincoln-Marti Charter School Little Havana Campus
KG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
Lincoln-Marti Community Agency 10
PK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
Mater Academy Kiwanis
KG,1,2,3,4,5 · charter · 0.4 mi
Mater East Academy Middle School
6,7,8 · charter · 0.4 mi

Estimated Monthly Payment

$23,850/mo

Principal & Interest

$20,491

Property Tax

$3,208

Insurance

$150

HOA

Down Payment20% ($770,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$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

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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