1645 SW 7th St, Miami FL 33135

Closed

$1,787,000

4.79%

Est. Payment $9,511/mo

MLS Sheet Video

1981

Year Built

112

Days on Market

Description

Rare Investment Opportunity! This solid CBS construction 5-unit multifamily property offers a 5%+ cap rate with potential for rent increases. Featuring two 3BD/2BA units and three 2BD/1BA units, it boasts a total of 12 bedrooms and 7 bathrooms. The 7,500 Sq. Ft. lot with T-5 Open zoning allows for redevelopment of up to 11 residential or 22 hotel units (renders available). Prime location just one block from Calle 8’s entertainment district and minutes from Brickell, Downtown, Coral Gables, I-95, and Miami International Airport. Each unit has separate water and electrical meters for effortless management. Recent upgrades include new roof, kitchens, bathrooms, AC, appliances, fencing, and parking. Excellent opportunity!

Facts

MLS#: A11751366
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Income/MultiFamily
Year Built: 1981
Lot Size: 7,500 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 112 days
Listed: Feb 24, 2025
Last Updated: Aug 4, 2025
Price/Lot Sq.Ft.: $238/ft²

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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

September 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).

8/4/2025	Sold	$1,787,000
5/2/2025	Price change	$1,787,000-4.8%
2/24/2025	Listed for sale	$1,877,000

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

Location

1645 SW 7th St, Miami FL 33135Directions

Estimated Monthly Payment

$11,150/mo

Principal & Interest

$9,511

Property Tax

$1,489

Insurance

$150

HOA

Down Payment20% ($357,400)

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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