Wednesday, November 20, 2024

5444 NW 5th Ave, Miami, FL 33127 (Fourplex)

$1,049,900
Now $989,900
*Accepting Offers*

$$LOOKING FOR RENTAL FOR YOUR 1031 EXCHANGE?$$ 

SHOWING SOON CALL FOR RSVP!

(Not on the MLS)

Best Priced Per door multi-family in the subdivision!


or

Quadplex

Property Use:
Use Code: 08 / MULTIFAMILY 2-9 UNITS

Land Use:
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS (0803)

Zoning: 5700/DUPLEXES - GENERAL

Lot Size: 0.1435 acres / 6,250 sf

Living:
2,052 Sqft 

Built: 
1931

2024 taxes:
$10,027.73

~ Buy and hold ~

Located in the "Buena Vista Gardens'' Subdivision.

Building has 2 floors 
2 units on each floor 
all units are 1/1

First Floor
 Unit 1: rented for $1750.00 - Lease exp 10/31/25

Unit 2: Currently rented for $1600.00 - Lease exp 12/31/24

Second Floor
Unit 3: Currently rented for $1600.00 - Lease exp 9/30/25

Unit 4: Currently rented for $1650.00 - M2M

Local 1/1s rent up to $1,850

Property details:
4 electric meters
1 water metter 
Communal washer and dryer in the back of the building, coin operated. Helps cover the monthly water meter.
Has has some liight renovation 
Electric and plumbing fixtures, mostly to upgrade, for the units to fetch better rates. 
 Mini-Split wall units
Communal washer and dryer in the back of the building, coin operated. 
City Sewer

 This Miami Quadplex
presents a compelling investment opportunity. Located in a qualified Opportunity Zone, the property offers potential tax incentives, further enhancing its investment appeal in Miami’s thriving rental market. RENT-SHORT TERM ALLOWED

Tenant occupied, Please call for showing!
📞Call Mr. Direct 2 Seller JC @ 954-477-1466 for showing📞