Multifamily with 5 studio units, fully permitted, 100% leased, generating $90,600 / year with immediate cash flow. Prime location on vibrant 2nd Ave in Buena Vista, just 0.7 mi from Miami Design District and near Wynwood, ensuring strong tenant demand. Studi

5010 NORTH WEST 2ND AVE, Miami

$1,156,000 USD
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Address5010 NORTH WEST 2ND AVE, Miami
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,156,000
Property StatusActive
MLS NumberA11839754
Year Built1956
Parking Space Number5
Folio Number01-31-24-013-4700
Gross Rent Income$90,600
Zoning Information4801
Days on Market102

Detailed Description: Multifamily with 5 studio units, fully permitted, 100% leased, generating $90,600 / year with immediate cash flow. Prime location on vibrant 2nd Ave in Buena Vista, just 0.7 mi from Miami Design District and near Wynwood, ensuring strong tenant demand. Studios feature separate FPL meters and CBS construction. 6,099 sq.ft lot with T4-O zoning (residential, commercial, entertainment) plus adjacent vacant parcels offer huge development upside. Perfect for short-term rentals (Airbnb / VRBO) with potential to dramatically boost income and ROI. Don’t miss this rare opportunity—schedule your showing today!

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33127
Address5010 NORTH WEST 2ND AVE
Section24
Zip Code (4 Digits)2171
Financial Information
Price$1,156,000
Price per Foot$0
Folio Number01-31-24-013-4700
Gross Rent Income$90,600
Tax Amount$19,391
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionMultifamily with 5 studio units, fully permitted, 100% leased, generating $90,600 / year with immediate cash flow. Prime location on vibrant 2nd Ave in Buena Vista, just 0.7 mi from Miami Design District and near Wynwood, ensuring strong tenant demand. Studios feature separate FPL meters and CBS construction. 6,099 sq.ft lot with T4-O zoning (residential, commercial, entertainment) plus adjacent vacant parcels offer huge development upside. Perfect for short-term rentals (Airbnb / VRBO) with potential to dramatically boost income and ROI. Don’t miss this rare opportunity—schedule your showing today!
Roof DescriptionBarrel Roof
Floor DescriptionCeramic Floor
Cooling DescriptionElectric
Heating DescriptionElectric
Sewer DescriptionPublic Sewer
Property parameters
Zoning Information4801
Year Built1956
Type of PropertyQuadruplex
StyleQuadruplex
Development Name.
Construction TypeConcrete Block Construction
Stories Number1.000
Street DirectionNorth West
Parking Space Number5
Listed withMiami New Realty