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$1,200,000   Price Analysis
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1241 SW 7th St
Miami, FL 33135
4 bed 5 bath 2,250 SqFt ($533/SqFt)
Built 1957
Listed 2024-05-14, Taxes $10,930
Ⓧ USDA Ineligible
due to price & location

near Miami

Acrosss the street from world famous Calle Ocho!

Restaurants, highways and entertainment nearby. Great income property in a prime location. The property fea tures 1 - 2 Bed/2 Bath, One Studo and 2 - 1 Bed / 1 Bath Units.

Each unit has their own parking space and extraordinary backyard for common area. Property is in need of renovation or tear down and build 11 units by right. Zone T5-O.


Presented by David Moyal at
Related ISG Int'l Realty, LLC.
Listing Agent Photo

Property MLS #A11587215 from MiamiMLS

Bedrooms: 4

Total Bathrooms: 5
Full Bathrooms: 5

Cooling Features: WallWindowUnits
Heating Features: WallFurnace
Heating: Yes

Flooring: Terrazzo, Tile

Lot Description: Item14Acre

Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Rent Includes: HotWater

Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2

Annual Tax Amount: 13118
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2024
Source Property Type: ResidentialIncome
Source Neighborhood: LAWRENCE EST LAND COS SUB
Parcel Number: 01-41-02-011-0380
Postal City: Miami
Postal Code Plus 4: 4016
Subdivision: LAWRENCE EST LAND COS SUB
Zoning Description: 6101
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$506,082
$10,930
2021$unknown + $unknown
$460,075
$10,518
2020$unknown + $unknown
$418,250
$9,962
2019$unknown + $unknown
$380,228
$9,408
2018$unknown + $unknown
$345,662
$7,679
2017$111,026 + $300,000
$411,026
$7,333
2016$unknown + $unknown
$285,672
$6,840
2015$unknown + $unknown
$259,702
$5,803
2014$11,093 + $225,000
$236,093
$5,354
2013$unknown + $unknown
$316,725
$7,174
2012$unknown + $unknown
$323,433
$7,307
2011$unknown + $unknown
$323,468
$7,357
2010$unknown + $unknown
$361,003
$8,739
2009$unknown + $unknown
$402,071
$9,244
2008$unknown + $unknown
$450,144
$10,189
2007$unknown + $unknown
$450,144
$9,972

Listed 2024-05-14
$1,200,000
MiamiMLS
Sold 2024-04-29
$825,000
BeachesMLSFlex
Price Changed 2024-03-07
$950,000
BeachesMLSFlex
Listed 2023-10-31
$1,100,000
BeachesMLSFlex
Sold 2000-08-03
$160,000
Public Record
Sold 1994-05-10
$122,000
Public Record

Total Square Feet Living: 2250
Year Built: 1957
Building Area Total: 2250
Construction Materials: Block
Levels: One
Property Age: 67
Roof: Flat, Tile
Levels or Stories: 1
House Style: Fourplex
Year Built Details: Resale
Architectural Style: Fourplex

Sewer: PublicSewer
CableAvailable

Riverside Elementary Community School is a public elementary school located approximately 0.3 miles away.
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Booker T. Washington Senior High School is a public high school located approximately 1.5 miles away.
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Jose De Diego Middle School is a public middle school located approximately 2.8 miles away.
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Tamiami United Methodist Daycare & Elementary School is a private elementary and middle school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.