5010 2nd Ave ,Other, Quadruplex, . for Sale

5010 2nd Ave for Sale

Price $1,156,000.00

• Lot size 0
• Year Build 1956
• Waterfront
• Zip 33127
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

Multifamily investment with 5 studio units, built with full city permits for 5U operation! Seize the explosive growth of the Miami Design District with this 100% leased property generating $90,600 annually and immediate cash flow. Located on vibrant 2nd Ave. in Buena Vista, just 0.7 miles from the Miami Design District, 0.5 miles from I-95, and near Wynwood, it ensures high tenant demand. The renovated studios include separate FPL meters and low-maintenance CBS construction. On 6,099 sq ft of land with T4-O zoning (residential, commercial, entertainment uses) and adjacent vacant parcels, it offers substantial development potential to maximize profitability.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11839754 Fully leased 5-unit multifamily with full city permits for operation, earns instant cash flow. Submit all offers via MLS Offers. On busy 2nd Ave. in Buena Vista?0.7 mi to Design District, 0.5 mi to I-95, near Wynwood. Renovated studios, separate FPL meters, low-maintenance CBS build. On a 6,099 sq ft lot with T4-O zoning and nearby vacant parcels. Ideal for investors eyeing income and long-term upside. See attachments. Unit 5 - Studio with Full Bath each - Monthly income see rent roll. For showing, text/call listing agents; easy to show

24 53 41 RAILWY SHOPS ADD 2ND AMD PB 3-183 LOT 24 LESS E5FT ST BLK 24 LOT SIZE 57.540 X 106 OR 21761-4059 0903 5 COC 26136-4527 11 2007 1

Less Than 1/4 Acre Lot

Multifamily investment with 5 studio units, built with full city permits for 5U operation! Seize the explosive growth of the Miami Design District with this 100% leased property generating $90,600 annually and immediate cash flow. Located on vibrant 2nd Ave. in Buena Vista, just 0.7 miles from the Miami Design District, 0.5 miles from I-95, and near Wynwood, it ensures high tenant demand. The renovated studios include separate FPL meters and low-maintenance CBS construction. On 6,099 sq ft of land with T4-O zoning (residential, commercial, entertainment uses) and adjacent vacant parcels, it offers substantial development potential to maximize profitability.

City:Miami,Zoning:4801,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:25.8217924,Cooling Y N:1,Heating Y N:1,List Price:1156000,Listing Id:A11839754,Longitude:-80.2001686,Mls Status:Active,Year Built:1956,Postal Code:33127,Street Name:2nd Ave,Coordinates:1:25.8217924,Photos Count:11,Building Name:.,Days On Market:1,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:.,On Market Date:2025-07-14,Parcel Number:01-31-24-013-4700,Parking Total:5,Property Type:Residential Income,Stories Total:1,Street Number:5010,M I A M I R E_ Style:Fourplex,Public Remarks:Multifamily investment with 5 studio units, built with full city permits for 5U operation! Seize the explosive growth of the Miami Design District with this 100% leased property generating $90,600 annually and immediate cash flow. Located on vibrant 2nd Ave. in Buena Vista, just 0.7 miles from the Miami Design District, 0.5 miles from I-95, and near Wynwood, it ensures high tenant demand. The renovated studios include separate FPL meters and low-maintenance CBS construction. On 6,099 sq ft of land with T4-O zoning (residential, commercial, entertainment uses) and adjacent vacant parcels, it offers substantial development potential to maximize profitability.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Miami New Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2171,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:.,Tax Annual Amount:19391,Total Actual Rent:90600,Unparsed Address:5010 NW 2nd Ave, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Units:Square Feet,Original List Price:1156000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:Multifamily investment with 5 studio units, built with full city permits for 5U operation! Seize the explosive growth of the Miami Design District with this 100% leased property generating $90,600 annually and immediate cash flow. Located on vibrant 2nd Ave. in Buena Vista, just 0.7 miles from the Miami Design District, 0.5 miles from I-95, and near Wynwood, it ensures high tenant demand. The renovated studios include separate FPL meters and low-maintenance CBS construction. On 6,099 sq ft of land with T4-O zoning (residential, commercial, entertainment uses) and adjacent vacant parcels, it offers substantial development potential to maximize profitability.,Listing Contract Date:2025-07-14,Originating System I D:miamire,Public Survey Section:24,Showing Instructions:Call Listing Agent,Street Number Numeric:5010,Tax Legal Description:24 53 41 RAILWY SHOPS ADD 2ND AMD PB 3-183 LOT 24 LESS E5FT ST BLK 24 LOT SIZE 57.540 X 106 OR 21761-4059 0903 5 COC 26136-4527 11 2007 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:5-unit legal multifamily near Miami Design District! Fully leased, T4-O zoning, renovated units, prime location?great for investors!,Contract Status Change Date:2025-07-14,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,