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1131 SW 7th St
Multi-Family
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$2,365,000

$905/sqft

1131 SW 7th St, Miami

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8 bd·4 ba·2,614 sqft
Built 1953Riverside

1131 SW 7th St, Miami, FL

8 bd · 4 ba · 2,614 sqft Multi-Family listed at $2,365,000, built in 1953 in the Riverside neighborhood.

About this home

Unique investment opportunity! This income-producing multifamily property is situated on two separate lots, each with fewer than four units, potentially qualifying for residential financing-offering lower interest rates and more favorable terms compared to traditional commercial multifamily properties. Generate immediate income with existing rents in place and additional upside potential. Ideal for investors or buyers looking to maximize leverage and long-term value through improved financing options. Centrally located with strong rental demand and close proximity to major highways, employment centers, and amenities. Buyer to verify zoning, lot configuration, and financing eligibility Buyer to verify zoning, lot configuration, and financing eligibility.

Property details

Price
$2,365,000
Bedrooms
8
Bathrooms
4
Interior
2,614 sqft
Price / sqft
$905
Year built
1953
Type
Multi-Family
Days on market
172
Est. property tax
$20,339/yr · $1,695/mo · 0.86% FL avg
Last sold
$1,500,000 · Oct 2023
Virtual tour

Estimated monthly payment

Down payment20% ($473,000)
Interest rate6.75%
Principal & Interest$12,271
Property Tax$2,168
Insurance$150
Total$14,589/mo

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Price history

▲ 119646.8%Most recent change on 2026-03-19: $1,975 → $2,365,000.

$2.75M$1.25M$-248K$100K on Jan 79 (Sold)$130K on Jun 96 (Sold)$77K on Nov 99 (Sold)$1.50M on Oct 23 (Sold)$3K on Mar 24 (Price change)$2K on Mar 24 (Price change)$2K on Apr 25 (Price change)$2K on May 25 (Price change)$2.50M on Nov 25 (Initial list)$2K on Dec 25 (Price change)$2K on Jan 26 (Price change)$2K on Feb 26 (Price change)$2K on Mar 26 (Price change)$2.37M on Mar 26 (Price change)
$100K · Jan 79$2.37M · Mar 26
  1. Mar 19, 2026$2,365,000Price change
  2. Mar 9, 2026$1,975Price change
  3. Feb 11, 2026$1,900Price change
  4. Jan 27, 2026$1,925Price change
  5. Dec 15, 2025$1,975Price change
  6. Nov 4, 2025$2,500,000Initial list price
  7. May 13, 2025$1,950Price change
  8. Apr 1, 2025$1,975Price change
  9. Mar 13, 2024$1,975Price change
  10. Mar 13, 2024$3,000Price change
  11. Oct 27, 2023$1,500,000Sold
  12. Nov 18, 1999$76,941Sold
  13. Jun 28, 1996$130,000Sold
  14. Jan 1, 1979$100,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 1131 SW 7th St, Miami
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Home Intelligence

Neighborhood (zip 33130)

This neighborhood is primarily renter-occupied (13% owner-occupied). Median age is 37.9; 23% hold a bachelor's degree; median household income is $55,285.

Median income
$55,285
Median age
37.9
Owner-occupied
12.5%
Bachelor's degree
23.0%
Census median home value
$436,000

Source: US Census Bureau American Community Survey 5-year estimates.

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