Unique investment opportunity! This income-producing multifamily property is situated on two separate lots, each with fewer than four units, potentially qualifying for residential financing—offering lower interest rates and more favorable terms compared to

1131 SOUTH WEST 7TH ST, Miami

$2,365,000 USD
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Address1131 SOUTH WEST 7TH ST, Miami
Building NameE J CARTERS
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$2,365,000
Previous Price$2,500,000 (12 days ago)
Property StatusActive
MLS NumberA11908123
Living Area2614
Year Built1953
Parking Space Number6
Folio Number01-41-02-007-0180
Gross Rent Income$166,500
Net Operating Income$157,140
Zoning Information6107
Days on Market147

Detailed Description: Unique investment opportunity! This income-producing multifamily property is situated on two separate lots, each with fewer than four units, potentially qualifying for residential financing—offering lower interest rates and more favorable terms compared to traditional commercial multifamily properties. Generate immediate income with existing rents in place and additional upside potential. Ideal for investors or buyers looking to maximize leverage and long-term value through improved financing options. Centrally located with strong rental demand and close proximity to major highways, employment centers, and amenities. Buyer to verify zoning, lot configuration, and financing eligibility Buyer to verify zoning, lot configuration, and financing eligibility.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33130
Address1131 SOUTH WEST 7TH ST
Section2
Zip Code (4 Digits)3130
Financial Information
Price$2,365,000
Price per Foot$0
Previous Price$2,500,000
Folio Number01-41-02-007-0180
Gross Rent Income$166,500
Net Operating Income$157,140
Tax Amount$17,790
Tax Year2025
Possession InformationFunding
Full Descriptions
Detailed DescriptionUnique investment opportunity! This income-producing multifamily property is situated on two separate lots, each with fewer than four units, potentially qualifying for residential financing—offering lower interest rates and more favorable terms compared to traditional commercial multifamily properties. Generate immediate income with existing rents in place and additional upside potential. Ideal for investors or buyers looking to maximize leverage and long-term value through improved financing options. Centrally located with strong rental demand and close proximity to major highways, employment centers, and amenities. Buyer to verify zoning, lot configuration, and financing eligibility Buyer to verify zoning, lot configuration, and financing eligibility.
How to ReachGPS Please
Roof DescriptionShingle
Floor DescriptionTile
Cooling DescriptionCentral Air, Wall / Window Unit (s), Zoned
Heating DescriptionCentral, Electric
Sewer DescriptionPublic Sewer
Property parameters
Living Area2614
Zoning Information6107
Year Built1953
Type of PropertyQuadruplex
StyleQuadruplex
Building NameE J CARTERS
Development NameE J CARTERS
Construction TypeConcrete Block Construction
Stories Number2.000
Street DirectionSouth West
Parking Space Number6
Listed withD’Realty, Inc.