FAB. 18 UNIT OLD SPANISH STYLE BUILDING, MINUTES FROM DOWN TOWN MIAMI AND WITHIN WALKING DISTANCE FROM BRICKELL. BUILDING. WAS TOTALLY RENOVATED IN 2010. ROOF WAS REDONE IN 2006 AND AGAIN IN 2020. SEVERAL OF THE AC UNITS AND APPLIANCES HAVE BEEN REPLACED SIN

440 SOUTH WEST 5TH AVE, Miami

$3,849,000 USD
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Address440 SOUTH WEST 5TH AVE, Miami
Building NameCITY OF MIAMI SOUTH
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$3,849,000
Previous Price$3,950,000 (134 days ago)
Property StatusActive
MLS NumberA11441503
Living Area12825
Year Built1925
Parking Space Number9
Folio Number01-02-03-000-1220
Gross Rent Income$338,440
Net Operating Income$251,180
Zoning Information3900
Days on Market142

Detailed Description: FAB. 18 UNIT OLD SPANISH STYLE BUILDING, MINUTES FROM DOWN TOWN MIAMI AND WITHIN WALKING DISTANCE FROM BRICKELL. BUILDING. WAS TOTALLY RENOVATED IN 2010. ROOF WAS REDONE IN 2006 AND AGAIN IN 2020. SEVERAL OF THE AC UNITS AND APPLIANCES HAVE BEEN REPLACED SINCE. GREAT RENTAL INCOME PLUS $3600 IN LAUNDRY RECEIPTS. PLEASE TO NOT DISTURBED TENANT. 50 YEAR PLUS RE-CERTIFICATION COMPLETED IN JULY 2025. WILL SHOW AFTER A SIGNED LETTER OF INTENT OR CONTRACT. SEE ATTACHMENT FOR MORE INFO.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33130
Address440 SOUTH WEST 5TH AVE
Section4
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 Rent Income$338,440
Net Operating Income$251,180
Tax Amount$45,766
Tax Year2023
Possession InformationNegotiable
Full Descriptions
Detailed DescriptionFAB. 18 UNIT OLD SPANISH STYLE BUILDING, MINUTES FROM DOWN TOWN MIAMI AND WITHIN WALKING DISTANCE FROM BRICKELL. BUILDING. WAS TOTALLY RENOVATED IN 2010. ROOF WAS REDONE IN 2006 AND AGAIN IN 2020. SEVERAL OF THE AC UNITS AND APPLIANCES HAVE BEEN REPLACED SINCE. GREAT RENTAL INCOME PLUS $3600 IN LAUNDRY RECEIPTS. PLEASE TO NOT DISTURBED TENANT. 50 YEAR PLUS RE-CERTIFICATION COMPLETED IN JULY 2025. WILL SHOW AFTER A SIGNED LETTER OF INTENT OR CONTRACT. SEE ATTACHMENT FOR MORE INFO.
Roof DescriptionOther
Floor DescriptionTile
Cooling DescriptionCentral Air
Heating DescriptionCentral
Sewer DescriptionPublic Sewer
Property parameters
Living Area12825
Zoning Information3900
Year Built1925
Type of PropertyQuadruplex
StyleQuadruplex
Building NameCITY OF MIAMI SOUTH
Development NameCITY OF MIAMI SOUTH
Construction TypeCBS Construction
Stories Number3.000
Street DirectionSouth West
Parking Space Number9
Listed withFlorida Home Sales and Invest.