967 SW 5th St, Miami FL 33130,Miami,Miami-Dade County,Commercial Sale

$5,100,000

Commercial Sale Active

967 SW 5th St, Miami FL 33130

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Commercial Sale Active

967 SW 5th St, Miami FL 33130,Miami,Miami-Dade County,Commercial Sale

967 SW 5th St, Miami FL 33130

$5,100,000

Overview

Income/MultiFamily
Property Type

1925
Year Built

Description

This income generating property, located in the vibrant and culturally rich little Havana neighborhood, presents prime opportunity for investors. Currently producing substantial cash flow, the section 8-approved building has undergone significant upgrades. Approximately 75% of the appliances have been replaced, with several units featuring new kitchens and modern flooring. Ongoing renovations are further enhancing the interiors. The exterior has also seen notable improvements, boosting curb appeal and overall value. Additionally, the property has successfully completed its 40 year inspection, ensuring all structural and safety standards are met, making this a well-maintained asset with strong long-term potential.

Address

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Address 5th St
City Miami
State/county Miami-Dade County
Zip/Postal Code 33130

Details

Updated on October 2, 2024 at 9:22 pm

Property ID: A11669160
Price: $5,100,000
Year Built: 1925
Property Type: Income/MultiFamily
Property Status: Commercial Sale

Additional details

StreetDirPrefix: SW
PublicSurveyRange: 41
ListAgentKey: 3efe9f72f99cbc25491df672f8be2d78
TaxLegalDescription: RIVERVIEW PB 5-43 LOT 13 BLK N LOT SIZE 7500 SQUARE FEET OR 19271-3427 08 2000 2(2) COC 22845-1767 07 2004 1
OnMarketDate: 2024-10-01
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2024-10-01
MajorChangeTimestamp: 2024-10-02T14:13:54.553Z
PhotosCount: 30
Cooling: Wall/Window Unit(s)
StatusChangeTimestamp: 2024-10-02T14:13:54.553Z
SecurityFeatures: Other Fire Protection,Smoke Alarm,Smoke Detector(s)
PriceChangeTimestamp: 2024-10-01T17:44:39.793Z
ListingKeyNumeric: 401601039
MajorChangeType: New
ListingContractDate: 2024-10-01
Zoning: 3900
ListAOR: A-Miami Association of REALTORS
TaxAnnualAmount: 51234
ListOfficeName: Avenew Realty Corp
OriginatingSystemKey: miamire
BusinessType: Apartments
PhotosChangeTimestamp: 2024-10-02T14:18:13.121Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 786-888-0198
MlsStatus: Active
StreetNumber: 967
LeaseTerm: 1 To 3 Year Lease
ListingKey: 3d76f1e73fc8bb20aa106cca57b7d993
StateOrProvince: FL
ListOfficeKey: 6c5f37184f08a2dc7d9521a799e59e59
BridgeModificationTimestamp: 2024-10-02T20:12:56.851Z
ListAgentFullName: Oscar Alvarez
ListAgentOfficePhone: 786-888-0198
Stories: 3
ParcelNumber: 01-41-38-003-1680
ListingTerms: All Cash,Conventional/Refinance
OtherExpense: 0
Possession: Funding
LeaseConsideredYN: 1
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
ListAgentMlsId: 3597128
WaterSource: Public
StoriesTotal: 3
ModificationTimestamp: 2024-10-02T19:00:08.457Z
OriginatingSystemID: miamire
DaysOnMarket: 1
ListOfficeMlsId: AVEW01
Inclusions: Building & Land, Leases
ListAgentDirectPhone: 786-234-0351
StreetNumberNumeric: 967
ParkingFeatures: None
PostalCodePlus4: 2574
NumberOfUnitsInCommunity: 0
Sewer: Public Sanitation
SyndicationRemarks: This income generating property, located in the vibrant and culturally rich little Havana neighborhood, presents prime opportunity for investors. Currently producing substantial cash flow, the section 8-approved building has undergone significant upgrades. Approximately 75% of the appliances have been replaced, with several units featuring new kitchens and modern flooring. Ongoing renovations are further enhancing the interiors. The exterior has also seen notable improvements, boosting curb appeal and overall value. Additionally, the property has successfully completed its 40 year inspection, ensuring all structural and safety standards are met, making this a well-maintained asset with strong long-term potential.
Heating: Wall/Window Units
ListAgentStateLicense: 3597128
PublicSurveyTownship: 41
StreetName: 5th St
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 38
SpecialListingConditions: Sale
NumberOfBuildings: 1
OriginalListPrice: 5100000
BuildingAreaUnits: Square Feet
InternetEntireListingDisplayYN: 1
OriginalEntryTimestamp: 2024-10-02T14:13:54.553Z
SourceSystemKey: 401601039
ConstructionMaterials: Brick
LotSizeSquareFeet: 7500
TenantPays: Electricity
BuildingAreaTotal: 13670