1131 SW 7th St

Miami, FL 33130 · multi_family · For Sale · 77 days on market
Asking price$2,365,000
— beds — baths 2,614 sqft
Suggested offer$904,784$1,460,216 above the est. market value of $904,784.
View on Realtor.com →
Listed by Daimara Olano · D'realty, Inc.
Typemulti_family
Built1953
Price / sqft$905
Est. value (own analysis)$904,784
Rent estimate (building total, own analysis)$10,456/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-17
Removed date
MLSMiamiMLS #A12037995
Coordinates25.76705, -80.21338
Address1131 SW 7th St
CityMiami
StateFL
Zip33130
Listing ID6693824739
Sourceus-real-estate-listings, cached 2026-08-29

ZIP market snapshot (33130)

Typical home value (ZHVI)$515,336
Typical rent (ZORI)$3,262/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)

Purchase price$2,365,000
Down payment (20.0%)$473,000
Loan amount$1,892,000
Closing costs (5.0%)$118,250
Total cash to close$591,250
Rent (estimate)$10,456$125,472
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$125,472
Vacancy rate (assumption) assumption8.0%

$125,472 × 8.0% = $10,038

Effective gross income$9,620$115,434
Property tax (placeholder 1.9% of price)$3,745$44,935
Insurance (placeholder 0.8% of price)$1,577$18,920
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$523$6,274
Total operating expenses$5,844$70,129
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$115,434
Total operating expenses derived$70,129

$115,434 − $70,129 = $45,306

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$1,892,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,892,000 amortized at 6.7% over 30 years = $12,159/mo

CapEx reserve (5.0% of GSR)$523$6,274
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$45,306
Annual debt service derived$145,902
Annual CapEx reserve assumption$6,274
Annual PMI assumption$0

($45,306 − $145,902 − $6,274 − $0) ÷ 12 = -$8,906

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$45,306
Purchase price data$2,365,000

$45,306 ÷ $2,365,000 = 1.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$106,870
Total cash to close derived$591,250

-$106,870 ÷ $591,250 = -18.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$45,306
Annual debt service derived$145,902

$45,306 ÷ $145,902 = 0.31

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$125,472
Purchase price data$2,365,000

($125,472 ÷ 12) ÷ $2,365,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$2,365,000
Gross scheduled rent (annual) comp$125,472

$2,365,000 ÷ $125,472 = 18.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$70,129
Effective gross income derived$115,434

$70,129 ÷ $115,434 = 60.8%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$70,129
Annual debt service derived$145,902
Annual PMI assumption$0
Gross scheduled rent (annual) comp$125,472

($70,129 + $145,902 + $0) ÷ $125,472 = 172.2%

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
315 SW 10th Avemulti_family1,938$880,0002026-09-01
311 SW 10th Avemulti_family1,945$440,0002026-09-01
443 SW 4th Avemulti_family3,240$1,310,0002026-08-10
990 SW 9th Stmulti_family2,258$800,0002026-07-22
516 SW 7th Ctmulti_family3,400$1,051,0002026-06-29
1050 SW 10th Stmulti_family2,408$625,0002026-06-18
829 SW 3rd Stmulti_family823,276$675,0002026-04-22
959 SW 6th Stmulti_family3,094$1,150,0002026-03-19
945 SW 4th Stmulti_family1264,284$1,450,0002026-03-02
152 SW 9th Stmulti_family1485,491$113,6002025-12-31
763 SW 5th St Apt 202multi_family17910,568$2,800,0002025-12-26
1068 SW 2nd Stmulti_family1,250$675,0002025-12-18
527 SW 7th Ctmulti_family5,249$1,555,0002025-11-25
720 SW 5th Stmulti_family5,249$1,550,0002025-11-25
461 SW 9th Stmulti_family552,945$1,500,0002025-11-13
700 SW 4th Stmulti_family1264,550$1,400,0002025-10-20
519 SW 5th Avemulti_family12128,049$2,850,0002025-10-16
434 SW 6th Stmulti_family1265,052$2,180,0002025-09-24
1150 SW 9th Stmulti_family421,922$680,0002025-09-09
900 SW 5th Avemulti_family2,446$1,255,0002025-09-08

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.

No other cached listings nearby for this bedroom count yet.

10-year hold projection

IRR-2.1%
Equity multiple0.65x
Total return (10yr)$103,354
YearProperty valueNOICash flowLoan balanceEquity
1$2,435,950$45,306-$106,870$1,871,487$564,463
2$2,509,029$47,015-$105,317$1,849,564$659,464
3$2,584,299$48,785-$103,708$1,826,137$758,163
4$2,661,828$50,617-$102,041$1,801,100$860,728
5$2,741,683$52,513-$100,313$1,774,345$967,338
6$2,823,934$54,476-$98,524$1,745,752$1,078,182
7$2,908,652$56,507-$96,671$1,715,195$1,193,456
8$2,995,911$58,609-$94,751$1,682,541$1,313,371
9$3,085,789$60,784-$92,762$1,647,643$1,438,145
10$3,178,362$63,034-$90,702$1,610,350$1,568,013
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.