556 NE 5th St - Apartments FOR SALE


Florida City, FL 33034
$3,839,000 USD
786-395-7116

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$3,839,000 USD
Apartments - FOR SALE
null | Request Cap Rate

556 NE 5th St
Florida City, FL 33034


OVERVIEW

With 90% of units already generating rental income, this portfolio demonstrates strong market demand and immediate cash flow potential. Homestead's growing economy and strategic location near major employment centers make these properties exceptionally attractive to tenants. Property Address Subdivision Bed/Bath Rent X Mo Price HOA Taxes NOI CAP RATE 452 NE 4TH LN Keys Point 2 2.5 $2,300.00 $289,000.00 $105.00 $7,666.52 $18,673.48 6.46% 452 NE 4TH TER Keys Point 2 2.5 $2,000.00 $289,000.00 $105.00 $7,666.52 $15,073.48 5.22% 452 NE 5TH ST Keys Point 2 2.5 $2,300.00 $289,000.00 $105.00 $7,666.52 $18,673.48 6.46% 453 NE 5TH TER Keys Point 3 3 $2,500.00 $330,000.00 $105.00 $7,666.52 $21,073.48 6.39% 457 NE 5TH ST Keys Point 3 3 $2,250.00 $330,000.00 $105.00 $7,666.52 $18,073.48 5.48% 480 NE 5TH ST Keys Point 2 2.5 $2,000.00 $289,000.00 $105.00 $7,666.52 $15,073.48 5.22% 484 NE 5TH ST Keys Point 2 2.5 $2,000.00 $289,000.00 $105.00 $7,666.52 $15,073.48 5.22% 484 NE 5TH TER Keys Point 2 2.5 $2,300.00 $289,000.00 $105.00 $7,666.52 $18,673.48 6.46% 488 NE 5TH ST Keys Point 2 2.5 $2,300.00 $289,000.00 $105.00 $7,666.52 $18,673.48 6.46% 488 NE 5TH TER Keys Point 2 2.5 $2,250.00 $289,000.00 $105.00 $7,666.52 $18,073.48 6.25% 492 NE 5TH ST Keys Point 2 2.5 $2,000.00 $289,000.00 $105.00 $7,666.52 $15,073.48 5.22% 492 NE 5TH TER Keys Point 2 2.5 $2,300.00 $289,000.00 $105.00 $7,666.52 $18,673.48 6.46% 556 NE 4TH ST Keys Point 2 2.5 $2,200.00 $289,000.00 $105.00 $7,666.52 $17,473.48 6.05% Whether you're building a rental portfolio or seeking your first investment property, these numbers speak for themselves. Tenants are in place, rents are being collected, and the opportunity is ready for you to capitalize on. Maximum rental income potential. Large floor plans attract long-term tenants. Garages and fenced patios add premium appeal and higher rents. Every unit features a fenced patio area, perfect for families with children or pets. This amenity significantly increases rental appeal and tenant retention. Strategically positioned near schools, shopping, and major highways. Strong rental demand from families and professionals working in the area. Volume Discounts Available: Purchasing multiple units unlocks even better pricing. Whether you're buying 3 units or 30, we'll work with you on bulk pricing that makes sense for your investment strategy. Perfect for Wholesalers: Build your buyer's list with these hot properties. The numbers work for assignments, and with over 100 units available, there's plenty of inventory to market to your network of cash buyers and investors. Flexible Closing Timeline: We understand that bulk purchases require coordination. Work with us to structure a closing timeline that accommodates your financing, inspections, and portfolio planning needs.

FOR SALE DETAILS

PRICE

$3,839,000 USD

PRICE/SF

$246 USD /SF

# OF UNITS

13

PRICE/UNIT

$295,308

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Keys Point

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

5700

APN/PARCEL ID

16-7919-030-2120

ASK ABOUT THIS PROPERTY

Aldo BrioloCervera Real EstateMore Info
786-395-7116

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Aldo BrioloCervera Real EstateMore Info
786-395-7116

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