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Waterfront · Condominium
$345,000$765 / sqft
185 SW 7th St # 2806, Miami FL 33130
Listed
0
Bedrooms
1
Bathrooms
451 sqft
Interior
2007
Year built
$572 / mo
HOA
Condominium
Type
About this home
Studio with assigned parking at Latitude on the River. Low HOA! The building provides 24-hour concierge, valet and security, along with an impressive collection of amenities including a two-level fitness and health center, sauna, two-story clubhouse, theater, billiards, jacuzzi and more. A new pool project is currently underway. Ideally located along the Miami Riverwalk just moments from Brickell City Centre, Mary Brickell Village, restaurants, shopping, entertainment, easy access to I-95 and public transportation. The unit features washer & dryer in the unit, walk-in closet, beautiful city view with balcony, fully equipped kitchen with stainless steel appliances, tile floors throughout and central a/c.
Features
- Walk-In Closet(s)
- Open Balcony
- Skyline
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 4
- Ok To Lease
- Okay To Lease 1st Year
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for studio rentals in Brickell, from 62 active listings; the middle half ask $2,470–$2,999.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.