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Condominium at 185 SW 7th St # 3704, Miami FL 33130Active
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Condominium
$429,000$506 / sqft

185 SW 7th St # 3704, Miami FL 33130

1
Bedrooms
1
Bathrooms
848 sqft
Interior
2007
Year built
$839 / mo
HOA
Condominium
Type

About this home

Spacious 1BD + Den with stunning bay, city & Brickell views! Located on the Miami River, Latitude offers a luxury lifestyle with 2 floors of resort-style amenities: infinity pool, 2-story gym w/ yoga room, sauna, theater, billiard, party room & 24/7 concierge/security. Prime location steps from Brickell City Centre, Mary Brickell Village, dining, shopping & entertainment. Pet-friendly community w/ dog park. Easy access to I-95 & Metromover. Live the ultimate urban waterfront lifestyle! Excellent opportunity for investors. Property is currently rented at $2,750 per month from March 6, 2026 through March 5, 2027, providing immediate rental income. Lease includes a 60-day kick-out clause effective September 2026, offering flexibility for a future owner. Ideal for investors looking for a property with an existing tenant and income in place.

Features

  • Fire Sprinklers
  • Open Balcony
  • Skyline
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$3,008

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,169
HOA
$839 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Lumer Real Estate

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.