720 5th St ,Apartments for Sale

720 5th St for Sale

Price $3,995,000.00

• Lot size 10650
• Year Build 1922
• Waterfront
• Zip 33130
• Style
• Parking Description
• Pool Yes
• Status Active

Description

INTRODUCING A UNIQUE 2-BUILDING, TRUE VALUE-ADD MULTI-FAMILY PORTFOLIO IN THE HIGH-DEMAND, EASTERN-MOST QUADRANT OF LITTLE HAVANA. Each building features an almost identical 8-unit layout for a total of 16 units across about 10,500 Sq. Ft. of total leasable area and a contiguous 0.24-acre footprint. This offering presents a rare opportunity to acquire a stabilized asset with significant upside potential in one of Miami?s most culturally rich and rapidly transforming neighborhoods. There's considerable room to modernize interiors, upgrade fixtures, and improve the fa?ade?paving the way for even stronger returns

Stabilized Cash-Flow Consistently 100% occupied with steady leasing demand... units are never vacant for long, offering reliable income from day one! Value-Add Opportunity Plenty of room to improve facade and fixtures, plus all flexible month-to-month tenancies supports buyer?s ability to raise rents toward more premium rates Prime Eastern Location Seamless accessibility to I-95 and superior proximity to Brickell and Downtown Miami Walkable Cultural Hub Ideally positioned in the developing Little Havana neighborhood only blocks from community facilities and Calle Ocho, the area?s famed entertainment & retail corridor

DRUID COURT 1ST ADDN PB 6-168 LOTS 1 & 2 LESS W62.5FT BLK A LOT SIZE 5000 SQUARE FEET OR 21319-0404 06 2003 1

INTRODUCING A UNIQUE 2-BUILDING, TRUE VALUE-ADD MULTI-FAMILY PORTFOLIO IN THE HIGH-DEMAND, EASTERN-MOST QUADRANT OF LITTLE HAVANA. Each building features an almost identical 8-unit layout for a total of 16 units across about 10,500 Sq. Ft. of total leasable area and a contiguous 0.24-acre footprint. This offering presents a rare opportunity to acquire a stabilized asset with significant upside potential in one of Miami?s most culturally rich and rapidly transforming neighborhoods. There's considerable room to modernize interiors, upgrade fixtures, and improve the fa?ade?paving the way for even stronger returns

City:Miami,Zoning:3900,List A O R:A-Miami Association of REALTORS,Latitude:25.7687164,List Price:3995000,Listing Id:A11784147,Longitude:-80.2063564,Mls Status:Active,Year Built:1922,Postal Code:33130,Street Name:5th St,Coordinates:1:25.7687164,Photos Count:22,Days On Market:1,Lot Size Units:Square Feet,M I A M I R E_ Area:30,On Market Date:2025-04-15,Parcel Number:01-02-03-030-2010,Property Type:Commercial Sale,Street Number:720,Public Remarks:INTRODUCING A UNIQUE 2-BUILDING, TRUE VALUE-ADD MULTI-FAMILY PORTFOLIO IN THE HIGH-DEMAND, EASTERN-MOST QUADRANT OF LITTLE HAVANA. Each building features an almost identical 8-unit layout for a total of 16 units across about 10,500 Sq. Ft. of total leasable area and a contiguous 0.24-acre footprint. This offering presents a rare opportunity to acquire a stabilized asset with significant upside potential in one of Miami?s most culturally rich and rapidly transforming neighborhoods. There's considerable room to modernize interiors, upgrade fixtures, and improve the fa?ade?paving the way for even stronger returns,County Or Parish:Miami-Dade County,List Office Name:The Alpha Commercial Advisors LLC,Private Remarks:Stabilized Cash-Flow Consistently 100% occupied with steady leasing demand... units are never vacant for long, offering reliable income from day one! Value-Add Opportunity Plenty of room to improve facade and fixtures, plus all flexible month-to-month tenancies supports buyer?s ability to raise rents toward more premium rates Prime Eastern Location Seamless accessibility to I-95 and superior proximity to Brickell and Downtown Miami Walkable Cultural Hub Ideally positioned in the developing Little Havana neighborhood only blocks from community facilities and Calle Ocho, the area?s famed entertainment & retail corridor,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2661,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:16229,Unparsed Address:720 SW 5th St, Miami FL 33130,Listing Agreement:Exclusive Agency,Building Area Total:10498,Building Area Units:Square Feet,Lot Size Square Feet:10650,Original List Price:3995000,Public Survey Range:2,I D X Participation Y N:1,Syndication Remarks:INTRODUCING A UNIQUE 2-BUILDING, TRUE VALUE-ADD MULTI-FAMILY PORTFOLIO IN THE HIGH-DEMAND, EASTERN-MOST QUADRANT OF LITTLE HAVANA. Each building features an almost identical 8-unit layout for a total of 16 units across about 10,500 Sq. Ft. of total leasable area and a contiguous 0.24-acre footprint. This offering presents a rare opportunity to acquire a stabilized asset with significant upside potential in one of Miami?s most culturally rich and rapidly transforming neighborhoods. There's considerable room to modernize interiors, upgrade fixtures, and improve the fa?ade?paving the way for even stronger returns,Listing Contract Date:2025-04-15,Originating System I D:miamire,Public Survey Section:3,Street Number Numeric:720,Tax Legal Description:DRUID COURT 1ST ADDN PB 6-168 LOTS 1 & 2 LESS W62.5FT BLK A LOT SIZE 5000 SQUARE FEET OR 21319-0404 06 2003 1,Public Survey Township:2,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:INTRODUCING A UNIQUE 2-BUILDING, TRUE VALUE-ADD MULTI-FAMILY PORTFOLIO IN THE HIGH-DEMAND, EASTERN-MOST QUADRANT OF LITTLE HAVANA.,Contract Status Change Date:2025-04-15,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,