1858 SOUTH WEST 5TH ST, Miami
$625,000 USD
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Address | 1858 SOUTH WEST 5TH ST, Miami |
Building Name | HELMS FIRST ADDN |
Type of Property | Duplex |
Property Style | Duplex |
Price | $625,000 |
Property Status | Active |
MLS Number | A11848656 |
Living Area | 1026 |
Year Built | 1938 |
Parking Space Number | 4 |
Folio Number | 01-41-03-023-0190 |
Zoning Information | 3900 |
Days on Market | 60 |
Detailed Description: Petite and charming duplex Located in the heart of Little Havana, just minutes from Brickell, easy access to Downtown Miami and I 95 offers a unique opportunity to live or invest in one of the city’s fastest-growing and culturally vibrant neighborhoods, within walking distance to supermarkets, restaurants, cafes, and local shops. Currently owner and family occupied, it’s prime to be repositioned by a savvy investor or owner-user who may homestead one unit and rent the other. Market rents support $2,000- $2,100 for 1 bedrooms making this a potential 7% return. Zoned T4-R, makes this a solid covered-land play for future developers who are watching the market. “Ideal for buyers looking for a property with appreciation potential and future expansion options”. Don’t let this chance to buy a great duplex!
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Address Information
State | Florida |
City | Miami |
County | Miami-Dade County |
Zip Code | 33135 |
Address | 1858 SOUTH WEST 5TH ST |
Section | 3 |
Zip Code (4 Digits) | 3404 |
Financial Information
Price | $625,000 |
Price per Foot | $0 |
Folio Number | 01-41-03-023-0190 |
Tax Amount | $14,549 |
Tax Year | 2024 |
Possession Information | Other |
Full Descriptions
Detailed Description | Petite and charming duplex Located in the heart of Little Havana, just minutes from Brickell, easy access to Downtown Miami and I 95 offers a unique opportunity to live or invest in one of the city’s fastest-growing and culturally vibrant neighborhoods, within walking distance to supermarkets, restaurants, cafes, and local shops. Currently owner and family occupied, it’s prime to be repositioned by a savvy investor or owner-user who may homestead one unit and rent the other. Market rents support $2,000- $2,100 for 1 bedrooms making this a potential 7% return. Zoned T4-R, makes this a solid covered-land play for future developers who are watching the market. “Ideal for buyers looking for a property with appreciation potential and future expansion options”. Don’t let this chance to buy a great duplex! |
Roof Description | Flat Roof With Facade Front |
Floor Description | Ceramic Floor |
Cooling Description | Central Air, Wall / Window Unit (s) |
Heating Description | Central, Window / Wall |
Sewer Description | Public Sewer |
Property parameters
Living Area | 1026 |
Zoning Information | 3900 |
Year Built | 1938 |
Type of Property | Duplex |
Style | Duplex |
Building Name | HELMS FIRST ADDN |
Development Name | HELMS FIRST ADDN |
Construction Type | CBS Construction |
Stories Number | 2.000 |
Street Direction | South West |
Parking Space Number | 4 |
Listed with | Fausto Commercial Realty Consultants Inc |