1000 7th St.

Stabilized rentals, decade-long quarterly yield

10-unit Mid-Century/Art Deco-era multifamily, 7,868 sqft adjacent to South-of-Fifth and NOFI.

Short-term rental strategy on a 10-unit multifamily building at 1000 7th Street in Miami Beach, Florida, adjacent to the South-of-Fifth and NOFI submarkets. The 7,868-sqft structure dates to 1951 and has been maintained in a Mid-Century / Art Deco restored condition. Short-term rental zoning verification for this specific parcel is pending and is a threshold condition before capital is committed to a full short-term rental program; the strategy underwrites this verification step first and reserves the alternative of a traditional multifamily value-add path if verification does not confirm eligibility. Assuming eligibility, the strategy underwrites unit-level specification to the updated-comparable tier, furnishing aligned to the South-of-Fifth visitor demand profile, channel distribution, and revenue management across the seasonal curve. The 10-unit count supports operational leverage similar to other short-term rental strategies in the area. Hold duration is expected to span zoning verification, stabilization, and a yield-focused hold window. Asking basis of 4.5 million dollars reflects the unit count, the restored Mid-Century / Art Deco structure, and the South-of-Fifth adjacency. Capital deployment covers the zoning diligence work, unit-level renovation and furnishing, systems updates as required, and operational infrastructure. Returns are targeted from the revenue uplift attributable to short-term rental operation if verified, or from a multifamily value-add path if the short-term rental posture is not supported.

Address

1000 7th St.

City

Miami Beach, FL

ZIP

33139

Beds

3

Baths

2

Living sqft

7,868

Lot sqft

7,500

Year built

1951

Waterfront

NONE

Buy-and-hold economics model using asset basis, target capitalization, maturity, and downside/upside valuation scenarios. Detailed sponsor line items are shown when a full proforma is available.

Source: strategy economics model · figures are forward-looking estimates · not a guarantee of return