#A11749794, David Olivares, Listing Office: WERC Realty, LLC
Property details
About 1553 SW 7th St
A rare opportunity to acquire a fully renovated, high-performing multifamily asset in the heart of Little Havana. Blending modern elegance with a timeless Mediterranean façade, this upgraded property sits on an expansive 8,500 sq. ft. lot with T-5 Open zoning, offering immediate cash flow and future redevelopment potential. The property features four 2-bedroom/1-bath units and twelve 1-bedroom/1-bath units (20 beds, 16 baths), with upgrades including impact windows, new electrical and plumbing, mini-split A/C units, and designer kitchens and bathrooms with high-end finishes. Just steps from Calle Ocho and close to transformative urban developments, this investment is ideally located less than 10 minutes from I-95, Brickell, Downtown, Coral Gables, and Miami International Airport.
Highlights
Virtual tour
Summary
- Flooring Type: Tile, Vinyl
- Architectural Style: Fourplex
- Heating: Wall Furnace
- Cooling: Electric, Wall/Window Unit(s)
- List Price: $4,787,000
- Price/SqFt: $491
- Annual Tax Amount: $40,290
- Tax Year: 2023
- Year Built: 1926
- Stories: 2
- Living Area: 9,747 SqFt
- MLS Number: A11744196
- MLS Name: SEFMIAMI
- Office Name: Compass Florida, LLC.
- Office Phone: (305) 851-2820
- Office Email: mlsfl@compass.com
- Listing Agent: Ross Burch
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/30/2025, 11:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,787,000
1553 SW 7th St
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Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,960,000 | $40,290 |
2022 | $1,820,000 | $37,519 |
2021 | $1,780,000 | $37,519 |
2020 | $1,684,000 | $37,753 |
2018 | $1,606,000 | $33,638 |
2017 | $1,295,000 | $27,433 |
History based on county public records data.
Nearby schools
2
Alpha Charter of Excellence
Public Charter KG-5
0.4 mi
•1217 SW 4th St
2
Riverside Elementary School
Public District PK-5
0.5 mi
•1190 SW 2nd St
6
Shenandoah Elementary School
Public District PK-5
0.5 mi
•1023 SW 21st Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,597. The most common annual income of people living in Miami, FL is less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 1553 SW 7th St in Miami, FL and zip code 33135 in the Little Havana neighborhood. This 9,747 square foot home was built in 1926. Features: 0 bathroom. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $4,787,000.
In April 2025, from all listings sold in Miami, FL there were more than 63 sold above asking price, over 593 sold below and more than 119 were sold right at the asked price. The number of listings in Miami, FL increased by 9.2% between March and April 2025. Listings spent 73 days on the market in April 2025, and had a median list price of $585,104 during the same period.