Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: 10,700 ft2/994.06 m2
- Price Per: $355.14 ft2/$3,822.70 m2
- Type: Multifamily
- Built: 1925
- HOA: No info
- MLS Number: A11561035
- View No info
- On Site: 30 days
- Updated: 14 Days Ago
- Page Views: 0
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.
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Development Amenities:
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Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 04/17/2024 | Price Reduced | $3,800,000.00 | 7.3% | $355.14 ft2/$3,822.70 m2 |
| 04/01/2024 | Listed | $4,100,000.00 | $383.18 ft2/$4,124.49 m2 |
Features
Property Details for 1029 SW 5th St, Miami, FL 33130
Lawrence Est, Multifamily current status is Active, 1029 SW 5th St is a Multifamily in , Miami, FL 33130 with property MLS ID# A11561035.
This Multifamily has been listed on Best of Luxury Realty since April 01, 2024 and is currently priced at 3,800,000. This property was built in 1925.
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Wall Furnace
- Cooling Description: No info
- Building and Construction
- Floor Description: Vinyl
- Windows/Treatment: No info
- Construction Type: Block
- Year Built: 1925
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Lawrence Est
- Subdivision Name: LAWRENCE ESTATE LAND CO
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 04/01/2024
- Area: 41
- Brokered By: Douglas Elliman
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $32,346.00 (2023)
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Property Price:
$3,800,000.00
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Area Specialist
Buyer/Tenant EtiquetteAdbutler placeholder
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
This property is courtesy of the Douglas Elliman. This listing has been viewed 0 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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