Basic Information

  • MLS # A11671618
  • Type Duplex / Quad Plex / Triplex
  • Style Triplex
  • Status Pending
  • Subdivision/Complex Lynnwood
  • Year Built 1945
  • Total Sqft 1,752
  • Date Listed 10/05/2024
  • Days on Market 39
Description

Turn-Key Investment in Prime Location! This beautifully remodeled corner lot property is in a family-friendly neighborhood near Coral Gables and minutes from the airport. Currently set up as three units: a 1-bed/1-bath, 2-bed/1-bath, and 1-bed/1-bath, it offers great flexibility for investors or homeowners. With the potential to generate $7,500 per month in long-term rental, this is a rare opportunity. Live in one unit, rent the other two, or lease all three for max cash flow—this turn-key property is ready to go, boasting an impressive 9% cap rate. Enjoy the walkable, family-friendly neighborhood close to parks, schools, shopping, and dining. This is the perfect high-income generating asset in a sought-after community. Don’t miss out!

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Parking Spaces 0
  • Parking Description
  • Roof Description Barrel, Other

Interior Features

  • Adjusted Sqft 1,752
  • Cooling Description Other
  • Floor Description Other
  • Heating Description Other
  • Sqft 1,752

Property Features

  • Address 4500 S W5th St
  • Aprox. Lot Size 1,812
  • City Miami
  • Construction Materials Block
  • County Miami-Dade
  • Furnished Info No
  • Levels One
  • Listing Terms Cash
  • Lot Description Less Than Quarter Acre
  • Lot Features Less Than Quarter Acre
  • Occupant Type CallAgent
  • Pool Features None
  • Possession Closing And Funding
  • Postal City Miami
  • Public Survey Section One
  • Public Survey Township 1
  • Roof Barrel, Other
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 1
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Lynnwood
  • Tax Amount $3,019
  • Tax Information LYNNWOOD PB 43-66 LOT 1 BLK 2 LOT SIZE 64.720 X 106 OR 10087 1147 0678 1
  • Tax Year 2024
  • Terms Considered Cash
  • Type of Property Triplex
  • Year Built Details Resale

4500 SW 5th St

Miami, FL 33134

Similar Properties For Sale

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Formula Realty, LLC. tel: 305-709-6100

Real Estate IDX Powered by: TREMGROUP