440 SW 5th Ave - Apartments FOR SALE


Miami, FL 33130- Little Havana
$3,775,000 USD
305-815-5933
440 SW 5th Ave, Miami, FL for Sale
$3,775,000 USD
Apartments - FOR SALE
1/13
null | 6.55% Cap Rate

440 SW 5th Ave
Miami, FL 33130
Little Havana


HIGHLIGHTS

  • NEWLY PAINTED AND STRUCTUALLY SOUND , CLOSE TO BRICKELL AND DOWNTOWN MIAMI ALSO MIDWAY BETWEEN MIAMI INTERNATIONAL AIRPORT AN SOUTH BEACH

OVERVIEW

OLD SPANISH STYLE BUILDING, MINUTES FROM DOWNTOWN MIAMI WITH WALKING DISTANCE FROM BRICKELL. ROOF WAS REDONE IN 2006 BUILDING WAS TOTALLY RENOVATED 2010 . SEVERAL OF THE AC UNITS AND APPLIANCES HAVE BEEN REPLACED SINCE THEN EXTERIOR OF BUILDING WAS PAINTED MARCH 30, 2025 . FIFTY YEAR RECERTIFICATION COMPLETED IN JULY 2025. ALL THE TRUSTEES IN THE BUILDING HAS BEEN REINFORCED RESULTING IN A STRUCTUALLY SOUND AND STABLE BUILDING. PLEASE DO NOT DISTURB THE TENANTS.

FOR SALE DETAILS

PRICE

$3,775,000 USD

PRICE/SF

$244 USD /SF

# OF UNITS

18

PRICE/UNIT

$209,722

CAP RATE

6.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Woodward

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R-3

APN/PARCEL ID

01-0203-000-1220

ASK ABOUT THIS PROPERTY

Ethelbert BascomFlorida Home Sales & InvestmentsMore Info
305-815-5933

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Ethelbert BascomFlorida Home Sales & InvestmentsMore Info
305-815-5933

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