• 1029 SW 5th St Miami, FL 33130

  • $3,599,000
  • 24
    Bed(s)
  • 16
    Baths
  • 10,700
    Sq Ft

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 Type :

ResidentialIncome

Subdivision :

Lawrence Estate Land Co

County :

Miami-Dade County

Style :

ResidentialIncome

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Property Details

 

Interior Features

Roof : Aluminum,Concrete,Flat,Tile

Roofing Information

Aluminum,Concrete,Flat,Tile

Flooring Information

Vinyl

Heating & Cooling

Has Heating: Yes

Heating: WallFurnace

Has Cooling: Yes

Cooling: WallWindowUnits

Building Information

Year Built: 1925

Building Area Total: 10700

Construction Materials : Block

Stories : 2

Pool Features : None

Private Pool : No

Lot Information

Lot Description: Item14Acre

Property Information

Subdivision: LAWRENCE ESTATE LAND CO

Source Property Type: ResidentialIncome

Postal Code Plus 4: 2185

Zoning Description: 3900

Property SubType: Quadruplex

Levels: Two

Property Age: 99

Listing Price Information

Original List Price: $3599000

Original List Price: $4100000

Cash,Conventional

Tax Information

Parcel Number: 01-41-02-005-4300

Tax Year: 2023

Annual Tax: $32346

Tax Legal Desc: LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 15 & 5.02FT OF LOT 4 BLK 24 LOT SIZE 7501 SQ FT OR 21159-0406 0303 6 COC 22613-4646 08 2004 1

Utility Information

CableNotAvailable

Location Information

WaterSource: Public

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1100 S Miami Ave #1211, Miami, FL,33130 $770,000 2 2 1,195 --
801 S Miami Ave #2406, Miami, FL,33130 $688,000 1 2 881 --
88 SW 7th St #1205, Miami, FL,33130 $980,000 2 3 1,202 --
90 SW 3rd St #1209, Miami, FL,33130 $450,000 1 1 736 --
88 SW 7th St #3709, Miami, FL,33130 $1,290,000 2 2 1,259 --
1010 SW 2nd Ave #805, Miami, FL,33130 $475,000 1 1 766 --
88 SW 7th St #1008, Miami, FL,33130 $680,000 1 2 883 --
1111 SW 1st Ave #2316-N, Miami, FL,33130 $690,000 2 2 1,024 --
427 SW 4th Ave, Miami, FL,33130 $899,000 -- -- -- 5000 Sqft
55 SW 9th St #2608, Miami, FL,33130 $720,000 2 2 788 --

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ByOwner last updated this listing 05/16/2024 @ 01:51

MLS: A11561035
LISTED BY: Santiago Rodriguez, Douglas Elliman
SOURCE: SEFMIAMI
Buyer Agency Compensation: 3%
Buyer Agency Description: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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