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$3,490,000
531 SW 7th Street
Miami, FL 33130
MLS# A11028800
Status: Closed
15000 sqft


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Property Description
12 Unit apt. Bldg. located in the center of Miami, close to South Beach, Brickell, Coral Gables, and Downtown Miami, Rent is below market Value, Great opportunity for developers and investors.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-04-20
Status: Closed
Original List Price: 4700000
Sold Price: $3,490,000
Current Price: $3,490,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33130
Subdivision Number: 30
Flood Zone: X
Country: United States
Street Number: 531
Street Direction Prefix: SW
Street Name: 7th
Street Suffix: Street
State Or Province: FL
Postal Code: 33130
Postal Code +4: 3431
Subdivision Name: CITY OF MIAMI SOUTH
Area: 2410
Parcel Number: 0102040301100
Zoning: 6107
Directions: Please follow google.
General Property Information
Number Of Units Total: 1
Living Area Main: 9040
Parking Total: 10
Stories Total: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 15000
Year Built: 1946
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2023-10-10T22:26:25Z
Major Change Type: Status Change
Price Change Timestamp: 2022-01-20T02:28:56Z
Status Change Date: 2023-10-12
Under Contract Date: 2023-08-10
Close Date: 2023-10-10
Close Price: 3490000
Flooring
Other: 1
Property Condition
Resale: 1
Documents Available
Rent Rolls: 1
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Separate Meters: 1
Window/Wall: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Barrel: 1
Shingle: 1
Income and Expenses
Gross Income: 10245
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Tax Information
City/County: 1
Contingencies
None: 1
Buyer Details
Intended Use: Investment
Buyer State: Florida
Zip Code: 33160
Concessions
Seller Concessions: No
Unit 1 Details
Actual Rent: 10245
Baths Full: 12
Beds Total: 24
Efficiency YN: No
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Parking Features
Parking Space: 1
Price Calculations
Current Price To SqFt: 386.06
Section Details
Parcel Number MLX: 1100
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 22293
Tax Year: 2020
Tax Legal Description: CITY OF MIAMI SOUTH PB B-41 LOT 16 & LOT 17 BLK 43 LOT SIZE 15000 SQUARE FEET OR 19115-4380 0500 5 COC 25674-4667 02 2007 4
Originating Details
Originating System Key: 357874910
Originating System ID: M00000151
Property Features
Documents Available: Rent Rolls
Flooring: Other
Property Condition: Resale
Structure Type: Multi Family
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Heating: Separate Meters; Window/Wall
Listing Terms: Cash; Conventional
Possession: Negotiable
Roof: Barrel; Shingle
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available
Showing Requirements: Call Listing Agent
Unit 1 Parking Features: Parking Space
Contingencies: None
Acreage Description: 1/4 To Less Than 1/2 Acre Lot

IDX
Listing Office: Elite Sales Group

Last Updated: August - 11 - 2026

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