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Waterfront · Condominium
$400,000$445 / sqft
185 SW 7th St # 1607, Miami FL 33130
Listed
1
Bedrooms
2
Bathrooms
899 sqft
Interior
2007
Year built
$800 / mo
HOA
Condominium
Type
About this home
Experience elevated living at Latitude on the River in Brickell. This well-maintained one bedroom, one a half bath plus den residence features ceramic floors throughout for a modern look that is both stylish and low-maintenance. Enjoy abundant natural light and breathtaking city and river views from your private balcony. Boasting 899 square feet, the open-concept layout offers functional living with floor-to-ceiling impact windows, spacious bedroom with walk-in closet, and a kitchen designed for entertaining and everyday living with stainless steel appliances, cooking island and generous storage space. The building offers secure access, fitness center, valet parking and convenient access to dining and shopping venues just outside your doors. Located within walking distance to Brickell City Centre, Mary Brickell Village, the MetroMover, financial district, & more.
Features
- Walk-In Closet(s)
- Den/Library/Office
- Open Balcony
- Other View
- River
- Skyline
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 4
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
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 1-bed rentals in Brickell, from 200 active listings; the middle half ask $3,050–$4,300.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.