720 SOUTH WEST 5TH ST, Miami
$3,395,000 USD
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| Address | 720 SOUTH WEST 5TH ST, Miami |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Price | $3,395,000 |
| Previous Price | $3,575,000 (14 days ago) |
| Property Status | Active |
| MLS Number | A11784147 |
| Property Size | 10650 |
| Lot Size | 10650 |
| Year Built | 1922 |
| Folio Number | 01-02-03-030-2010 |
| Zoning Information | 3900 |
| Days on Market | 148 |
Detailed Description: INTRODUCING A UNIQUE 2-BUILDING, TRUE VALUE-ADD MULTI-FAMILY IN THE HIGH-DEMAND, EASTERN-MOST QUADRANT OF LITTLE HAVANA. Each building features an almost identical 8-unit layout for a total of 16 units across about 10,500 Sq. Ft. Of total leasable area and a contiguous 0.24-acre footprint. This offering presents a rare opportunity to acquire a stabilized asset with significant upside potential in one of Miami’s most culturally rich and rapidly transforming neighborhoods. There’s considerable room to modernize interiors, upgrade fixtures, and improve the façade—paving the way for even stronger returns
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33130 |
| Address | 720 SOUTH WEST 5TH ST |
| Section | 3 |
| Zip Code (4 Digits) | 2661 |
Financial Information
| Price | $3,395,000 |
| Price per Foot | $0 |
| Previous Price | $3,575,000 |
| Folio Number | 01-02-03-030-2010 |
| Tax Amount | $16,229 |
Full Descriptions
| Detailed Description | INTRODUCING A UNIQUE 2-BUILDING, TRUE VALUE-ADD MULTI-FAMILY IN THE HIGH-DEMAND, EASTERN-MOST QUADRANT OF LITTLE HAVANA. Each building features an almost identical 8-unit layout for a total of 16 units across about 10,500 Sq. Ft. Of total leasable area and a contiguous 0.24-acre footprint. This offering presents a rare opportunity to acquire a stabilized asset with significant upside potential in one of Miami’s most culturally rich and rapidly transforming neighborhoods. There’s considerable room to modernize interiors, upgrade fixtures, and improve the façade—paving the way for even stronger returns |
Property parameters
| Living Area | 10650 |
| Lot Size | 10650 |
| Total Acreage | 0.000 |
| Zoning Information | 3900 |
| Maximum Leasable Size | 10650 |
| Year Built | 1922 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Street Direction | South West |
| Listed with | The Alpha Commercial Advisors LLC |