2331 SW 7th St
Miami, FL, 33135 $ 1,499,000
Bedrooms-- Baths-- Sq 2,760 Monthly Estimate*
$ 10,353
for $1,499,000. This 2,760 square foot building was built in 1940.
Rare opportunity in central Miami! Assumable mortgage balance of approx. $361K at 2.5% interest. Fully furnished and currently operating as an APD Residential Habilitation Group Home. Ideal for a group home, healthcare facility, or ALF. Business, corporation, and licenses are not included; however, a qualified buyer may have the opportunity to continue operating while expanding or transferring their own licensing and approvals to operate under their own licensed business. Configured for residential-care use for approx. 10 years, this single-story property was remodeled in 2020 and 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 covered patio, gated entrance, 5-6 parking spaces, fully fenced yard, and irrigation well. Property passed its May 2026 APD licensing, Fire, and AHCA inspections. Potential gross business revenue of approx. $35,000+ per month, depending on occupancy 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 subject to buyer due diligence and applicable approvals.
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FeaturesGeneralHeating Central Electric
Cooling Central Air
Year Built 1940
Tax Year 2025
Business Type Health Services
County Miami-Dade
Insurance Expense 3000
Property Type Business Opportunity
Energy Efficient Insulation Roof Windows
Status Active
City Miami
Zoning Description 0100
MLS Area 41
Lot Size Units Square Feet
Tax Annual Amount 11313
Standard Status Active
Legal Description ARMOUR MANORS PB 41-76 LOT 7 LOT SIZE 60.000 X 135 OR 11828-2643 0683 1
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InteriorAir Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Total Baths 0
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ExteriorWater Source Public
Building Area Total 2760
Covered Spaces 0
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* Excluded FeaturesList BySunshine Miami RealtyBroker
JoseMartinHomes@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $10,353
- Monthly Property Taxes
- $943
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Miami, FL
Average List Price $2,312,663
Percent of Sale Price 54%
About Miami, FL 450,829 Population
25% Since 2002
$ 39,267 Median Income
40.58 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
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Pricing History| Date | Price | Price Change | Description |
|---|
| 10/9/2026 | $1,499,000 | | Listed Price |