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Waterfront · Condominium
$335,000$578 / sqft
185 SW 7th St # 3100, Miami FL 33130
Listed
0
Bedrooms
1
Bathrooms
580 sqft
Interior
2007
Year built
$506 / mo
HOA
Condominium
Type
About this home
$5,000 Seller Concession! Experience the best of Brickell waterfront living at Latitude on the River. This spacious studio lives like a junior one-bedroom and offers breathtaking sunset views of the Miami River, Biscayne Bay, and the glittering Miami skyline from your private balcony. Floor-to-ceiling impact glass and 9-foot ceilings fill the home with natural light, while the thoughtfully designed interior features a Snaidero Italian kitchen with stainless steel appliances, granite countertops, new kitchen flooring, a marble bathroom, oversized walk-in closet, and in-unit washer and dryer. Enjoy resort-style amenities including 24-hour concierge and security, a two-story fitness center with saunas, yoga lawn, business center, and waterfront social spaces. Even better, the building's stunning new resort-style pool/jacuzzi renovation is nearly complete, making now an ideal time to purchase before this exciting enhancement is unveiled. Perfectly located along the Miami Riverwalk, you're just steps from Brickell City Centre, Mary Brickell Village, world-class restaurants, shopping, nightlife, Metromover, and Metrorail. Pet-friendly with a low HOA, this residence offers exceptional value in one of Miami's most desirable neighborhoods. To make this opportunity even more attractive, the seller is offering a $5,000 concession toward closing costs or an interest rate buydown. Luxury, location, lifestyle, and incredible views await!
Features
- Lobby
- Walk-In Closet(s)
- Bay
- River
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
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 61 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.