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Property Description

Nestled in the heart of Little Havana, South Florida’s cultural epicenter, lies a meticulously crafted 16-unit multifamily investment property. 12 units are fully gut-out renovated, 3 units are under renovation, and 1 unit is in a month-to-month rental. With its strategic location near downtown Miami and thriving economic hubs, this property represents a prime opportunity for sophisticated investors seeking to capitalize on the dynamic growth of the region. From its elegant façade to its private backyard and laundry room, this property embodies the essence of urban sophistication and promises a lucrative return on investment in one of Miami’s most vibrant neighborhoods. The 12 units are being rented seasonally, bringing gross rental revenue of $22K/month for the last 3 months.

Address Map
FL
Miami-Dade County
Miami
33130
1029 SW 5th St
LAWRENCE ESTATE LAND CO
W81° 47' 17''
N25° 46' 8.4''
LAWRENCE ESTATE LAND CO
MLS Addon
Attached
All Cash, Conventional
1
16
Hot Water, Water, Pest Control, Sewer, Trash Collection
2
Quadruplex, Fourplex
$32,346
2023
Click Here
Municipal Water
3900
1
01/04/2024 20:52:13

1029 SW 5th St, Miami, Florida 33130

$4,100,000
10,700 size sq.ft.
Listing ID #A11561035
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11561035
Price $4,100,000
Square Footage 10,700 Sqft
Year Built 1925
Days on Market 0
Building Area 10,700 Sqft
Status Active
Property SubType Quadruplex
On Market Date 01/04/2024
Elena Beck
MiamiInvestrealty
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