635 SW 7th Ct - Apartments FOR SALE


Miami, FL 33130- Little Havana
$2,995,000 USD
786-910-0836
635 SW 7th Ct, Miami, FL for Sale
$2,995,000 USD
Apartments - FOR SALE
1/14
null | 5.29% Cap Rate

635 SW 7th Ct
Miami, FL 33130
Little Havana


OVERVIEW

An incredible opportunity to acquire a well-maintained 10-unit apartment building just 1.5 blocks north of Calle Ocho in the southeastern corner of Little Havana. The efficient unit mix features nine 2BR/1BA apartments and one 1BR/1BA apartment. All units have balconies and have been updated with newer appliances and cabinetry, with four showcasing refinished terrazzo flooring. Recent improvements include a roof that is less than 10 years old, a fully updated electrical room (2025), re-sealed and re-stripped parking lot (2025) and a successful re-certification in 2019. The property consistently operates near 100% occupancy with minimal lease-up time. Current tenancy is a mix of month-to-month and annual leases, all expiring Dec 2025–Jan 2026 or subject to a 60-day kick-out, providing both stability and flexibility. 12,500 SF lot with 12 parking spaces.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$355 USD /SF

# OF UNITS

10

PRICE/UNIT

$299,500

CAP RATE

5.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,502 SF

ZONING

T5-L

APN/PARCEL ID

01-4138-050-0180

ASK ABOUT THIS PROPERTY

Jeremy HansonColdwell Banker Residential BrokerageMore Info
786-910-0836

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Jeremy HansonColdwell Banker Residential BrokerageMore Info
786-910-0836

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