Price Reduced 12.22%

$3,599,000 ($336.36 per sqft)

Est. Mortgage $18,914/mo *

Quick Pre-Approval

Price History

$4,100,000
4/1/2024

$3,800,000
4/17/2024

$3,599,000
5/6/2024


1029 SW 5th St, Miami, FL, 33130

1029 SW 5th St, Miami, FL, 33130

1925

Fourplex

10,700 sqft

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.


Status:

Active

Type:

Multi-family

Zoning:

3900

Subdivision:

LAWRENCE ESTATE LAND CO

Heating:

Wall Furnace

Cooling:

Wall/Window Unit(s)

Est. Taxes:

$32,346

Construction

Block

Utilities

Cable Not Available

Lot Description:

< 1/4 Acre

Days on Market:

35

Pool:

None

MLS #:

A11561035


Community Info

School Info

Walk Score

Yelp



Listing courtesy of DOUGLAS ELLIMAN Phone: 305-677-5000