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1000 7th St, Miami Beach, FL, 33139

3beds
2baths
7,868sqft
$4,450,000
$566price/sqft
$26,379/moest. monthly cost
$1,055,160/yrincome needed

About This Home

Welcome to Orange Blossom Place located in the HOTTEST new neighborhood in South beach, NOFI (N. of Fifth)!! RARE opportunity to own a Luxury Completely Renovated Turn-Key Investors Dream Income Producing Goldmine! Seller must sell and is prepared to lose money to give a lucky buyer the best deal. Mid-Century Modern meets Art Deco Masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 SFT) lot, most quiet, peaceful & safe street in all of S. Beach! ASSUMABLE SELLER FINANCING LOAN = $2,000,000 = ONLY 6% INTEREST ONLY = Term 3 Years. 10 UNITS (7 2BR & 3 1BR)= Renovations include new AC, HWH, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, SS appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 PRIVATE PARKING SPOTS. BBQ patio to enjoy! 40-year done in 2022! You won't need to spend a dime on repairs for a long time. Check the rent roll, financials and P&L in the additional documents. Cash deals will get the best price possible. Pics are virtually staged. Drive by - do not disturb tenants. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3%! On Zillow, scroll down to "facts & features", click on "show more", then click "View virtual tour" for your Virtual Interactive Lifestyle Concierge!

Getting Around

95
WalkingWalker's Paradise
50
TransitGood Transit
81
BikeVery Bikeable

Schools

9/10
5/10
Nautilus Middle SchoolGrades 6-82.6 mi
4/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1951

Materials

  • Roof: Flat Roof With Facade Front
  • Construction materials: CBS Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Stairs
  • Flooring: Marble,Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 7,868
  • Total interior livable area: 7,868 sqft

Property

Details

  • Parcel number: 0242030097641
  • Zoning: 3900

Features

  • Stories: 2
  • On waterfront: Yes
  • Waterfront features: Bay
  • Frontage type: Bay/Harbor

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $22,501$270,012
Home Insurance *$84$1,008
Property Taxes $3,003$36,036
Electricity $791$9,501
Total$26,379$316,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$904,422/yr
40% on housing$791,370/yr
45% on housing$703,440/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$566This listing

vs Other Active Listings

Avg $/sqft

ZIP 33139$838
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33139$2,481
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-05Listed for sale$4,500,000
2026-03-03Listing removed$4,695,000
2025-11-23Price change$4,695,000
2025-02-11Price change$4,750,000
2024-12-13Listed for sale$4,975,000
2023-08-01Sold$4,685,000
2023-07-31Price change$4,700,000
2023-07-11Price change$4,800,000
2023-06-02Price change$4,950,000
2023-05-03Listed for sale$4,975,000
2023-03-09Listing removed--
2023-03-07Price change$2,190
2023-01-23Price change$2,949
2022-12-21Listed for rent$2,890
2022-03-03Listing removed--
2022-02-11Listed for rent$2,650
2021-11-03Listing removed--
2021-10-29Price change$2,450
2021-10-01Listed for rent$2,300
2021-01-15Listing removed--
2015-04-02Listing removed$1,800
2015-01-14Listed for rent$1,800

For Sale by Agent

AgentRicky Kallabat PA
BrokerageKeller Williams Capital Realty

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