Multifamily
Calle Ocho Multi-Family
1788 SW 7th St, Miami, FL 33135
Listing Price: $1,500,000
Investment Overview
Marcus & Millichap is pleased to present 1788 SW 7th Street, Miami, FL. This five (5)-unit apartment building is comprised of all two-bedroom / one-bath units averaging approximately 861 square
feet, each featuring private patio or balcony space.
The property is 100% occupied and features on-site parking. It is located directly behind Calle Ocho and adjacent to a retail plaza currently undergoing a full renovation with incoming national tenants, including Chipotle and Wingstop.
The property is situated along one of the most desirable and active blocks of Calle Ocho, within a five-minute walk of established neighborhood anchors including Lung Yai, Sanguich, Starbucks, and Ball & Chain, reinforcing the asset’s walkability and tenant appeal.
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Little Havana continues to experience strong rental demand due to its central location, walkability, and proximity to major employment centers, supporting long-term occupancy and rental growth.
Calle Ocho Multi-Family
Investment Highlights
- Unit Configuration - Five (5) spacious 2-bedroom / 1-bath units averaging 868 square feet Including Private Patios in Select Units with Strong in-place income and long-term upside
- Situated on a 10,500 SF lot, the property features two structures built in 1960 and 1940, respectively. The most recent building recertification was completed in 2020
- Strategically located along the SW 7th Street corridor in Little Havana, the property benefits from exposure to over 18,000 vehicles per day, primarily from traffic exiting the Brickell neighborhood.
- SW 7th Street is characterized by a vibrant mix of retail storefronts and multifamily residential developments
- Prime Location & Surrounding Area - The property is walkable to a vibrant collection of restaurants, galleries, and nightlife, while offering immediate access to major bus routes and public transportation. National and local operators in the immediate area include Starbucks, Chipotle, Wingstop (under construction), Ball & Chain, and La Granja.
- High-Growth Corridor - Due to its proximity to Miami's Brickell and Downtown submarkets, Little Havana has yet to realize its full growth potential. The area boasts a population density of more than 330,000 residents within a one-mile radius. Escalating rental rates in neighboring submarkets continue to drive residents toward Little Havana, attracting primarily young professionals and workforce housing demand
Exclusively Listed By
Listing Price: $1,500,000
Investment Highlights
- Unit Configuration - Five (5) spacious 2-bedroom / 1-bath units averaging 868 square feet Including Private Patios in Select Units with Strong in-place income and long-term upside
- Situated on a 10,500 SF lot, the property features two structures built in 1960 and 1940, respectively. The most recent building recertification was completed in 2020
- Strategically located along the SW 7th Street corridor in Little Havana, the property benefits from exposure to over 18,000 vehicles per day, primarily from traffic exiting the Brickell neighborhood.
- SW 7th Street is characterized by a vibrant mix of retail storefronts and multifamily residential developments
- Prime Location & Surrounding Area - The property is walkable to a vibrant collection of restaurants, galleries, and nightlife, while offering immediate access to major bus routes and public transportation. National and local operators in the immediate area include Starbucks, Chipotle, Wingstop (under construction), Ball & Chain, and La Granja.
- High-Growth Corridor - Due to its proximity to Miami's Brickell and Downtown submarkets, Little Havana has yet to realize its full growth potential. The area boasts a population density of more than 330,000 residents within a one-mile radius. Escalating rental rates in neighboring submarkets continue to drive residents toward Little Havana, attracting primarily young professionals and workforce housing demand
Investment Overview
Marcus & Millichap is pleased to present 1788 SW 7th Street, Miami, FL. This five (5)-unit apartment building is comprised of all two-bedroom / one-bath units averaging approximately 861 square feet, each featuring private patio or balcony space. The property is 100% occupied and features on-site parking. It is located directly behind Calle Ocho and adjacent to a retail plaza currently undergoing a full renovation with incoming national tenants, including Chipotle and Wingstop. The property is situated along one of the most desirable and active blocks of Calle Ocho, within a five-minute walk of established neighborhood anchors including Lung Yai, Sanguich, Starbucks, and Ball & Chain, reinforcing the asset’s walkability and tenant appeal. . Little Havana continues to experience strong rental demand due to its central location, walkability, and proximity to major employment centers, supporting long-term occupancy and rental growth.
Exclusively Listed By
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