1788 SW 7th St - Apartments FOR SALE


Miami, FL 33135- Little Havana
$1,500,000 USD
786-306-7259
1788 SW 7th St, Miami, FL for Sale
$1,500,000 USD
Apartments - FOR SALE
1/6
null | 5.56% Cap Rate

1788 SW 7th St
Miami, FL 33135
Little Havana


HIGHLIGHTS

  • 5 spacious 2-bed / 1-bath units averaging 868 square feet Including Private Patios in Select Units with Strong in-place income and long-term upside
  • Situated on a 10,500 SF lot, the property features 2 structures built in 1960 & 1940. The most recent building recertification was completed 2010.
  • Strategically located along the SW 7th Street corridor in Little Havana, the property benefits from exposure to over 18,000 PVD.
  • Property is walkable to restaurants, galleries, and nightlife, while offering immediate access to major bus routes and public transportation.
  • Due to its proximity to Miami’s Brickell and Downtown submarkets, Little Havana has yet to realize its full growth potential.
  • The area boasts a population density of more than 330,000 residents within a one-mile radius.

OVERVIEW

Marcus & Millichap is pleased to present 1788 SW 7th Street, Miami, FL. This five (5)-unit apartment building is comprised of all two-bedroom / one-bath units averaging approximately 861 square feet, each featuring private patio or balcony space. The property is 100% occupied and features on-site parking. It is located directly behind Calle Ocho and adjacent to a retail plaza currently undergoing a full renovation with incoming national tenants, including Chipotle and Wingstop. The property is situated along one of the most desirable and active blocks of Calle Ocho, within a five-minute walk of established neighborhood anchors including Lung Yai, Sanguich, Starbucks, and Ball & Chain, reinforcing the asset’s walkability and tenant appeal. Little Havana continues to experience strong rental demand due to its central location, walkability, and proximity to major employment centers, supporting long-term occupancy and rental growth.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$346 USD /SF

# OF UNITS

5

PRICE/UNIT

$300,000

CAP RATE

5.56%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Calle Ocho Multi-Family

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,500 SF

ZONING

T4-L

APN/PARCEL ID

01-4103-026-0400

ASK ABOUT THIS PROPERTY

Jonathan De La RosaMarcus & MillichapMore Info
786-306-7259

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Jonathan De La RosaMarcus & MillichapMore Info
786-306-7259

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.