2331 SW 7th Street, Miami, FL 33135
- $1,499,000
- 5
- BD
- 4
- BA
- 2,695
- SqFt
- List Price
- $1,499,000
- Status
- ACTIVE
- Days on Market
- 4
- MLS#
- A12096442
- Subtype
- Residential
- Year Built
- 1940
- Bedrooms
- 5
- Bathrooms
- 4
- Full Baths
- 3
- Half Baths
- 1
- Living Area
- 2,695
- Acres
- 0.19
- Subdivision
- Armour Manors
- MLS Area Major
- 2410
Property Description
Rare opportunity in central Miami! Fully furnished and currently operating as a group home, this single-story property has been configured for residential-care use for approximately 10 years. Remodeled in 2020, it offers approx. 2,695 SF, 5 bedrooms, 3½ baths, multiple common areas, den/office, Florida room, updated kitchen, equipped laundry, secure medication cabinet, impact windows and doors, Porcelanosa flooring, complete security system, and wheelchair/walker-accessible ramps. Exterior features include a covered patio, gated entrance, fully fenced yard, and irrigation well. The property has passed its 2026 APD, AHCA, and Fire inspections and may be ideal for a group-home, healthcare, or ALF operator, subject to required licensing and approvals. Business, corporation, and licenses are not included. The property may support gross business revenue of up to approx. $35,000/month, depending on occupancy, resident mix, reimbursement rates, licensing, and operations. Buyer to verify projections, licensing, and permitted uses. Excellent location near Coral Gables, Brickell, Downtown Miami, tourist areas, and major roadways. Potential short-term rental/Airbnb use is subject to buyer due diligence and applicable approvals.
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Additional Information
- Amenities
- Other
- Interior Features
- Bedroom on Main Level
- Exterior Features
- Outdoor Living Area, Other
- Taxes
- $11,313
- Zoning
- 0100
- Flooring
- Other
- Appliances
- Dryer, Dishwasher, Electric Range, Microwave, Refrigerator
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Stories
- 1
- Levels
- One
- Roof
- Shingle
- Parking Features
- Circular Driveway
- Elementary School
- Shenandoah
- Middle School
- Shenandoah
- High School
- Miami
Listing courtesy of Sunshine Miami Realty. Contact:
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Agent: Jose M Martin | Email: JoseMartinHomes@gmail.com