MANLEYS

1648 SW 7th St, Miami FL 33135

6,014 ft²

Closed

$2,495,000

8.44%

Est. Payment $13,279/mo

MLS Sheet Video

6,014

Sq. Ft.

1924

Year Built

Stories

Days on Market

Description

Investor’s dream in the heart of Historic Little Havana. This 8-unit multifamily property features spacious 2- bedroom, 1-bathroom apartments. Currently generating over $18,000 per month in rental income, all 8 units are leased with vetted and qualified tenants and yearly long-term leases. Immense potential to convert all units into short- term rentals, which will significantly boost rental income. Renovated in 2021, each unit boasts new bathrooms, kitchens with granite countertops, in-unit washer/dryer, AC splits, upgraded plumbing, and electrical panels. The 40-Year Re-Certification is nearing completion, offering peace of mind to the new owner. Just steps from Calle Ocho’s renowned eateries, shopping, nightclubs, and rich cultural heritage, this property is a gem!

Facts

MLS#: A11684376
Subdivision: MANLEYS
Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1924
Lot Size: 0 sqft
Sq. Ft.: 6,014 ft²
Sq. Mt.: 559 m²
Price per sq. ft.: $415/ft²
Price per sq. mt.: $4,463/m²
Stories: 2
Garage: —
Pool: —
Days on Market: 49 days
Listed: Oct 28, 2024
Last Updated: Jan 28, 2025
Price/Lot Sq.Ft.: —

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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).

1/28/2025	Sold	$2,495,000
12/2/2024	Price change	$2,495,000-8.4%
10/28/2024	Listed for sale	$2,725,000

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

Location

1648 SW 7th St, Miami FL 33135Directions

GreatSchools Summary Ratings

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

Our Lady of the Divine Providence Catholic School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
Pinecrest Academy (North Campus)
KG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
Ruben Dario Middle School
6,7,8 · public · 0.5 mi
E.W.F. Stirrup Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Sweetwater Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Miami Christian School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
Gettysburg Academy of Miami
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi
Doral Park High School
9,10,11,12 · charter · 0.8 mi
Doral Park High School
9,10,11,12 · charter · 0.8 mi
Little Village Day Care And Learning Center
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi

Estimated Monthly Payment

$15,509/mo

Principal & Interest

$13,279

Property Tax

$2,079

Insurance

$150

HOA

Down Payment20% ($499,000)

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

Hablo Español

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