$285,000
$399,000
28.6%For more information regarding the value of a property, please contact us for a free consultation.
5710 NW 5th Ave Miami, FL 33127
1,300 SqFt
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
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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Bought with Dream Life Realty