2331 SW 7th Street, Miami, FL 33135

$1,499,000
5
BD
4
BA
2,695
SqFt

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List Price
$1,499,000
MLS#
A12096442
Bedrooms
5
Bathrooms
4
Baths Half
1
Sq. Ft
2,695
Subtype
Single Family Residence
County
Miami-Dade
Subdivision
Armour Manors
Region
2410
Year Built
1940

Property Description

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.

Additional Information

Heating
Central
Cooling
Central Air
Roof
Shingle
Sewer
Public Sewer
Water
Public
Exterior Features
Outdoor Living Area, Other
Flooring
Other
Construction
Block
Living Area
2,695
Elementary School
Shenandoah
Middle School
Shenandoah
High School
Miami

Listing courtesy of Sunshine Miami Realty. Contact:

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