840 SW 7th St — Multifamily #5004
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  • In-unit laundry
  • Renovated 2024
Rent + SaleLittle HavanaFloor 50 · Street

#5004 · 840 SW 7th St — Multifamily

840 SW 7th St, Miami, FL 33130

$381,000

$365/sqft · Asking

$2,360/mo

70d on market

2

Beds

2

Baths

1,045

SqFt

// overview

2BR on the 50th floor · Street exposure

1,045 sqft inside 840 SW 7th St — Multifamily, a 3-floor tower built in 1962. 12-unit multifamily in Little Havana, value-add completed. DCH executed full remodel + refi at 78% ARV under a DSCR loan.

Suggested offer range

$2,289 $2,336/ mo

Based on the average list-to-final ratio for comparable units in the building (99%). Asking $2,360/mo.

Bedrooms

2

Baths

2

SqFt

1,045

Floor

50

View

Street

$/sqft

$365

DOM

70d

// numbers · investment analysis

Configure the deal

Editable assumptions. Defaults from this building's HOA, FL tax and insurance rates.

Cap rate

3.9%

NOI / price

Cash-on-cash

-8.1%

Annual / cash invested

$ / sqft

$365

Monthly cash flow

$-724

Negative

Loan amount$285,750
Down payment$95,250
Cash invested (incl. ~3% closing)$106,680

Monthly

P&I$1,949
Property tax$619
Insurance$161
HOA$0
Property mgmt$236
Vacancy reserve$118
Total monthly out$3,084
Expected rent$2,360
Monthly cash flow$-724

Reference estimates. Not a firm offer. DCH Team can coordinate pre-approval with local lenders.

// the building

840 SW 7th St — Multifamily

840 SW 7th St — Multifamily

12-unit multifamily, value-add completed. DCH executed full remodel + refi at 78% ARV. Post-refi cash-on-cash: 14%.

Units
12
Built
1962
Strategy
BRRRR
Avg rent
$1,850 / mo
View full building report →
// location

840 SW 7th St, Miami, FL 33130

Little Havana · Miami

We already operate inside 840 SW 7th St — Multifamily.

We know its rules, tenant profile and live comps. Talk to us before you buy — or list this unit with us if you own it.

Talk to DCH