Miami, FL 33127,5710 NW 5th Ave
Miami, FL 33127,5710 NW 5th Ave
Miami, FL 33127,5710 NW 5th Ave
$285,000
Est. payment /mo
$399,000
28.6%
Est.Price: ?

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1,300 SqFt
SOLD DATE : 11/21/2023

Key Details

Sold Price $285,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,300 sqft

Price per Sqft $219

Subdivision Buena Vista Gardens

MLS Listing ID A11438418

Sold Date 11/21/23

Construction Status Effective Year Built

HOA Y/N No

Year Built 1946

Annual Tax Amount $3,136

Tax Year 2022

Contingent No Contingencies

Property Description

Great investment opportunity! Situated just minutes away from the ever-thriving Design District and Wynwood area, is this income-producing detached housing unit in historic Buenavista Gardens. This property consists of two separate living structures — the main home is a 3 bed/1 bath; while the rear residence is a 1 bed/1 bath. Unique in design w/ character. Both buildings had roofs replaced. Both properties will require a reno to restore them to their full glory. Both units are currently rented *significantly* under rental market value. High ROI if updated and priced accordingly. Quiet neighborhood. Lot is zoned for multi-units; newly constructed duplexes are being built on this same street. Many options with this purchase. ABNB allowed. This investment is a smart hedge against inflation.

Location

State FL

County Miami-dade County

Community Buena Vista Gardens

Area 31

Direction Please use map apps. Property is on NW 5th Avenue on the West side between NW 56th and NW 54th Streets.

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Tile, Wood

Exterior

Exterior Feature Fence, Fruit Trees, Patio, Room For Pool, Shed

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Shingle

Porch Patio

Total Parking Spaces 6

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer, Septic Tank

Level or Stories One

Structure Type Block,Frame,Wood Siding

Construction Status Effective Year Built

Others

Tax ID 01-31-13-042-0500

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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Listed by Real Estate Sales Force
Bought with Dream Life Realty

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Jaky Quelle

+1(305) 724-2585

Broker Associate | License ID: BK3283887

Broker Associate License ID: BK3283887

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