5010 NW 2nd Ave - Apartments FOR SALE


Miami, FL 33127- Little Haiti
$1,156,000 USD
786-287-6075
5010 NW 2nd Ave, Miami, FL for Sale
$1,156,000 USD
Apartments - FOR SALE
1/8
null | 5.18% Cap Rate

5010 NW 2nd Ave
Miami, FL 33127
Little Haiti


HIGHLIGHTS

  • Immediate Cash Flow with 100% Occupancy Fully leased 5-unit multifamily generating $90,600/year in gross income
  • Prime Development Zone . Located on high-visibility 2nd Ave. in Buena Vista, near Wynwood and I-95, in a T4-O zoning area.
  • Turnkey Asset + Future Upside- Solid CBS construction, individually metered studios, and proximity to adjacent vacant parcels create strong potential

OVERVIEW

SEIZE THE MIAMI DESIGN DISTRICT BOOM! This 5-unit multifamily property, 100% leased, Generatong good income ensuring immediate cash flow. Located on bustling 2nd Ave. in Buena Vista, just 0.7 miles from the Miami Design District, 0.5 miles from I-95, and near Wynwood, it guarantees high tenant demand. The renovated studios feature separate FPL meters and low-maintenance CBS construction. With 6,099 sq ft of land, T4-O zoning (residential, commercial, entertainment uses), and adjacent vacant parcels, it’s perfect for investors seeking profitability and substantial future development potential.

FOR SALE DETAILS

PRICE

$1,156,000 USD

PRICE/SF

$701 USD /SF

# OF UNITS

5

PRICE/UNIT

$231,200

CAP RATE

5.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C-1

APN/PARCEL ID

01-3124-013-4700

ASK ABOUT THIS PROPERTY

Yenitze MolinaMiami New RealtyMore Info
786-287-6075

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Yenitze MolinaMiami New RealtyMore Info
786-287-6075

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