1345 SW 7th St
Miami, FL 33135 · multi_family · For Sale · 78 days on market
Asking price$1,995,000
8 beds 4 baths 3,592 sqft
Suggested offer$1,413,739$581,261 above the est. market value of $1,413,739.
View on Realtor.com →Listed by Karen Mari · Mari Real Estate & Management Group, Inc
Typemulti_family
Built1946
Price / sqft$555
Est. value (own analysis)$1,413,739
Rent estimate (building total, own analysis)$10,930/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-06-16
Removed date—
MLSMiamiMLS #A12037521
Coordinates25.76693, -80.21709
Address1345 SW 7th St
CityMiami
StateFL
Zip33135
Listing ID6381226642
Sourceus-real-estate-listings, cached 2026-08-30
ZIP market snapshot (33135)
Typical home value (ZHVI)$531,790
Typical rent (ZORI)$2,051/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,995,000 |
| Down payment (20.0%) | $399,000 |
| Loan amount | $1,596,000 |
| Closing costs (5.0%) | $99,750 |
| Total cash to close | $498,750 |
| Income | |
| Rent (estimate) | $10,930$131,160 |
| Vacancy loss (8.0%) | |
| Effective gross income | $10,056$120,667 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $3,159$37,905 |
| Insurance (est. scaled by flood & wind risk) | $2,328$27,930 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $547$6,558 |
| Total operating expenses | $6,033$72,393 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $547$6,558 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
No active rental listings cached yet for this bedroom count.
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 1487 SW 4th St | multi_family | 8 | 8 | 4,480 | $2,000,000 | 2026-07-21 |
| 2101 SW 6th St | multi_family | 8 | 4 | 3,250 | $975,000 | 2026-05-13 |
| 1721 SW 11th Ter | multi_family | 8 | 4 | 4,461 | $1,520,000 | 2026-04-02 |
| 1642 SW 7th St | multi_family | 8 | 8 | 3,180 | $5,550,000 | 2026-01-23 |
| 415 SW 32nd Ave | multi_family | 8 | 8 | 5,682 | $2,682,400 | 2025-12-01 |
| 417 SW 32nd Ave Apt 4 | multi_family | 8 | 8 | 5,682 | $2,682,400 | 2025-12-01 |
| 2737 SW 2nd St | multi_family | 8 | 8 | 5,188 | $1,600,000 | 2025-12-01 |
| 1475 SW 7th St | multi_family | 8 | 4 | 3,638 | $1,150,000 | 2025-11-26 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 3431-3433 SW 4th St | multi_family | 8 | 6 | 3,429 | $1,249,000 | — |
| 2054 SW 5th St | multi_family | 8 | 5 | 3,048 | $895,000 | — |
| 450 Beacom Blvd | multi_family | 8 | 6 | 2,475 | $1,649,000 | — |
10-year hold projection
IRR-0.8%
Equity multiple0.86x
Total return (10yr)$191,738
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $2,054,850 | $48,274 | -$81,360 | $1,578,696 | $476,154 |
| 2 | $2,116,496 | $50,084 | -$79,713 | $1,560,203 | $556,292 |
| 3 | $2,179,990 | $51,958 | -$78,008 | $1,540,441 | $639,550 |
| 4 | $2,245,390 | $53,897 | -$76,241 | $1,519,321 | $726,069 |
| 5 | $2,312,752 | $55,904 | -$74,411 | $1,496,751 | $816,000 |
| 6 | $2,382,134 | $57,980 | -$72,515 | $1,472,632 | $909,503 |
| 7 | $2,453,598 | $60,129 | -$70,552 | $1,446,856 | $1,006,743 |
| 8 | $2,527,206 | $62,353 | -$68,518 | $1,419,309 | $1,107,897 |
| 9 | $2,603,023 | $64,654 | -$66,412 | $1,389,872 | $1,213,151 |
| 10 | $2,681,113 | $67,035 | -$64,232 | $1,358,412 | $1,322,701 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.