1021 NW 5th St - Apartments FOR SALE


Miami, FL 33128- Little Havana
$1,700,000 USD
305-209-8866
1021 NW 5th St, Miami, FL for Sale
$1,700,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

1021 NW 5th St
Miami, FL 33128
Little Havana


HIGHLIGHTS

  • Rare Opportunity to Acquire a Newer Construction 6-Unit Apartment Building in Little Havana, Miami
  • Built in 1972 featuring concrete block construction
  • Gut renovated turnkey property
  • 40/50 Year Recertification completed in 2022
  • Brand new roof and parking lot paving in 2024
  • All units feature central A/Cs

OVERVIEW

As exclusive listing agent, the Porosoff Group at Compass Commercial is pleased to offer for sale 1021 NW 5th Street, a 6-unit apartment building located in the highly sought-after Little Havana neighborhood in the City of Miami. Little Havana 1021 NW 5th Street is located in the Little Havana section of Miami, a short distance from Brickell, the most important financial and commercial district in South Florida. Home to a growing number of international banks and firms, Brickell serves as Latin America’s Financial District and has recently enjoyed a transformation with a booming restaurant, entertainment, and nightlife scene. The property is conveniently nestled blocks away from SW 8th Street (Calle Ocho), the cultural epicenter of the Miami Latin Community, and walking distance to Flagler Street, one of the most important commercial corridors in Miami-Dade County. The excellent location contributes to high demand for rental units in the area and translates into historically low vacancy rates.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$380 USD /SF

# OF UNITS

6

PRICE/UNIT

$283,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Javier Ubeda | 305-766-1864

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,501 SF

ZONING

T4-R

APN/PARCEL ID

01-4102-005-0650

ASK ABOUT THIS PROPERTY

Arthur PorosoffCompass Florida LLCMore Info
305-209-8866

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Arthur PorosoffCompass Florida LLCMore Info
305-209-8866

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.