In the heart of Little Havana, South Florida’s cultural hub, sits a meticulously renovated 16-unit multifamily property. Out of these, 12 units are fully renovated, and 3 are vacant and waiting to be renovated. and 1 is rented on a month-to-month basis. Located strategically near downtown Miami and economic centers, it presents a lucrative opportunity for savvy investors. The property boasts an elegant exterior, private backyard, and laundry facilities, embodying urban sophistication. With seasonal rentals, it has generated $27,400 in gross rental revenue per month over the past 3 months.
Property Details
Price:
$3,800,000
MLS #:
A11561035
Status:
Active
Beds:
0
Baths:
0
Address:
1029 SW 5th St
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
LAWRENCE ESTATE LAND CO
City:
Miami
Listed Date:
Apr 1, 2024
State:
FL
Finished Sq Ft:
10,700
ZIP:
33130
Year Built:
1925
Units:
16
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Vinyl
Heating
Window/ Wall
Exterior
Architectural Style
Attached
Roof
Aluminum, Concrete, Flat Tile
Financial
Buyer Agent Compensation
3%%
Tax Year
2023
Taxes
$32,346
Map
Community
- Address1029 SW 5th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33130
Similar Listings Nearby
- 111 SW 18th Ave
Miami, FL$4,900,000
0.80 miles away
- 843 SW 13th Ave
Miami, FL$4,770,000
0.38 miles away
- 82 NW 27th St
Miami, FL$4,000,000
2.47 miles away
- 97 NW 27th St
Miami, FL$3,950,000
2.49 miles away
- 745 Lenox Avenue
Miami Beach, FL$3,695,000
4.55 miles away
1029 SW 5th St
Miami, FL
LIGHTBOX-IMAGES