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, wi

1858 SOUTH WEST 5TH ST, Miami

$625,000 USD
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Address1858 SOUTH WEST 5TH ST, Miami
Building NameHELMS FIRST ADDN
Type of PropertyDuplex
Property StyleDuplex
Price$625,000
Property StatusActive
MLS NumberA11848656
Living Area1026
Year Built1938
Parking Space Number4
Folio Number01-41-03-023-0190
Zoning Information3900
Days on Market60

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
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33135
Address1858 SOUTH WEST 5TH ST
Section3
Zip Code (4 Digits)3404
Financial Information
Price$625,000
Price per Foot$0
Folio Number01-41-03-023-0190
Tax Amount$14,549
Tax Year2024
Possession InformationOther
Full Descriptions
Detailed DescriptionPetite 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 DescriptionFlat Roof With Facade Front
Floor DescriptionCeramic Floor
Cooling DescriptionCentral Air, Wall / Window Unit (s)
Heating DescriptionCentral, Window / Wall
Sewer DescriptionPublic Sewer
Property parameters
Living Area1026
Zoning Information3900
Year Built1938
Type of PropertyDuplex
StyleDuplex
Building NameHELMS FIRST ADDN
Development NameHELMS FIRST ADDN
Construction TypeCBS Construction
Stories Number2.000
Street DirectionSouth West
Parking Space Number4
Listed withFausto Commercial Realty Consultants Inc