516 SW 7th Court, Miami, FL 33130

$1,051,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11993558

Property Type: Residential Income Square Footage: 3,400 Status: Closed

Current Price: $1,051,000 List Date: 4/01/2026 Last Modified: 6/29/2026

Overview

Description

Exceptional 4-plex available in Miami's dynamic Little Havana/West Brickell corridor. This fully occupied property features three 1BD/1BA and one 3BD/2BA, with 5 off-street parking spaces and a backyard. Generating $7800/month in rent with long term/stable tenants in place. Located on a tranquil street, steps from SW 8th St (Calle Ocho), minutes from Brickell's financial core, I-95 & 836, and within 2 miles from Jackson/UM Medical campus, this corridor is experiencing active transformation due to it's key location. Great opportunity to acquire a versatile investment with ability to utilize 3BD for own residence.

Listing Details MLS# A11993558

General Property Information

Number Of Units Total: 3
Property Sub Type: Quadruplex
Building Area Main: 3400
Living Area Main: 3400
Adjusted Area Main: 3094
Year Built: 1939
Parking Total: 5
Lot Size Dimensions: 6250
Outdoor Living Spaces YN: Yes
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Rent Rolls Fencing: Fenced Flooring: Tile; Other Property Condition: Resale Structure Type: Multi Family Construction Materials: CBS; Other Cooling: Electric; Wall/Window Unit(s) Heating: Separate Meters; Other Listing Terms: Cash; Conventional Other Structures: Outbuilding Possession: Close Of Escrow; Negotiable Roof: Shingle; Other Sewer: Public Sewer Tax Information: City/County; Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Showing Service Outdoor Living Spaces: Patio; Porch Porch Details: Porch - Open Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 1175000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 516
Street Direction Prefix: SW
Street Name: 7th
Street Suffix: Court
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33130
Postal Code +4: 2607
Postal Zip: 33130
Subdivision Name: DRUID COURT SUB
Area: 2410
Elementary School: Riverside (Miami-Dade)
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0141380500130
Subdivision Number: 50
Zoning: 3900
Flood Zone: X

Financial Information

Tax Annual Amount: 12538
Tax Year: 2025
Tax Legal Description: DRUID COURT 1ST ADD PB 6-168 LOT 3 BLK B LOT SIZE 6250 SQ FT OR 10664-739 0180 4

Status Change Information

Major Change Timestamp: 2026-06-29T04:00:00Z
Major Change Type: Status Change
Status Change Date: 2026-06-29
Under Contract Date: 2026-05-19
Close Date: 2026-06-29
Close Price: 1051000
Buyer Financing: Cash

More Information

Income and Expenses

Gross Income: 93600
Net Operating Income: 65410
Total Expenses: 25850

Unit 1 Details

Actual Rent: 2000
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 750

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 1800
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 750

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Actual Rent: 2000
Baths Full: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1150

Unit 3 Lease Description

Lease Term: Month To Month

Buyer Details

Country of Origin: United States
Intended Use: Primary Residence
Buyer State: Florida
Zip Code: 33130

Concessions

Seller Concessions: Yes
Seller Concessions Amount: 20000

Price Calculations

Current Price To SqFt: 309.11

Section Details

Parcel Number MLX: 0130

Originating Details

Originating System Key: 448614788
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes
Other: Yes

Property Condition

Resale: Yes

Documents Available

Rent Rolls: Yes

Fencing

Fenced: Yes

Structure Type

Multi Family: Yes

Other Structures

Outbuilding: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Separate Meters: Yes
Other: Yes

Construction Materials

CBS: Yes
Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Shingle: Yes
Other: Yes

Water Source

Public: Yes

Cooling

Electric: Yes
Wall/Window Unit(s): Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Showing Service: Yes

Tax Information

City/County: Yes
Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Patio: Yes
Porch: Yes

Porch Details

Porch - Open: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 3 Patio/Porch

Patio/Porch: Yes

Listing Office: Urban Resource LLC

Last Updated: June - 29 - 2026

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