OLD SPANISH STYLE BUILDING, MINUTES FROM DOWNTOWN MIAMI WITH WALKING DISTANCE FROM BRICKELL. BUILDING WAS TOTAL RENOVATED IN 2010. ROOF WAS REDONE IN 2006. SEVERAL OF THE AC UNITS AND APPLIANCES HAVE BEEN REPLACE SINCE THEN. EXTERIOR OF BUILDING PAINT MARCH

440 SOUTH WEST 5TH AVE, Miami

$3,849,000 USD
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Address440 SOUTH WEST 5TH AVE, Miami
Type of PropertyIncome / MultiFamily
Type of BusinessApartments
Price$3,849,000
Previous Price$3,950,000 (134 days ago)
Property StatusActive
MLS NumberA11786413
Property Size5000
Lot Size5000
Year Built1925
Folio Number01-02-03-000-1220
Gross Operating Income$338,400
Net Operating Income$245,716
Zoning Information3900
Days on Market143

Detailed Description: OLD SPANISH STYLE BUILDING, MINUTES FROM DOWNTOWN MIAMI WITH WALKING DISTANCE FROM BRICKELL. BUILDING WAS TOTAL RENOVATED IN 2010. ROOF WAS REDONE IN 2006. SEVERAL OF THE AC UNITS AND APPLIANCES HAVE BEEN REPLACE SINCE THEN. EXTERIOR OF BUILDING PAINT MARCH 30,2025. PLEASE DO NOT DISTURB TENANTS. 50 YEAR PLUS RE-CERTIFICATION COMPLETE IN JULY 2025, SEE ATTACHMENTS. WILL SHOW AFTER A SIGNED LETTER OF INTENT OR CONTRACT

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33130
Address440 SOUTH WEST 5TH AVE
Zip Code (4 Digits)2767
Financial Information
Price$3,849,000
Price per Foot$0
Previous Price$3,950,000
Folio Number01-02-03-000-1220
Gross Operating Income$338,400
Net Operating Income$245,716
Tax Amount$53,039
Full Descriptions
Detailed DescriptionOLD SPANISH STYLE BUILDING, MINUTES FROM DOWNTOWN MIAMI WITH WALKING DISTANCE FROM BRICKELL. BUILDING WAS TOTAL RENOVATED IN 2010. ROOF WAS REDONE IN 2006. SEVERAL OF THE AC UNITS AND APPLIANCES HAVE BEEN REPLACE SINCE THEN. EXTERIOR OF BUILDING PAINT MARCH 30,2025. PLEASE DO NOT DISTURB TENANTS. 50 YEAR PLUS RE-CERTIFICATION COMPLETE IN JULY 2025, SEE ATTACHMENTS. WILL SHOW AFTER A SIGNED LETTER OF INTENT OR CONTRACT
Property parameters
Living Area5000
Lot Size5000
Total Acreage0.000
Zoning Information3900
Maximum Leasable Size5000
Year Built1925
Type of PropertyIncome / MultiFamily
Type of BusinessApartments
Street DirectionSouth West
Listed withFlorida Home Sales and Invest.