OLD SPANISH STYLE BUILDING, MINUTES FROM DOWNTOWN MIAMI WITH WALKING DISTANCE FROM BRICKELL. BUILDING WAS TOTAL RENOVATED IN 2010. ROOF WAS REDONE IN 2006. SEVERAL OF THE AC UNITS AND APPLIANCES HAVE BEEN REPLACE SINCE THEN. EXTERIOR OF BUILDING PAINT MARCH

440 SOUTH WEST 5TH AVE, Miami

$3,950,000 USD
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      Address440 SOUTH WEST 5TH AVE, Miami
      Type of PropertyIncome / MultiFamily
      Type of BusinessApartments
      Price$3,950,000
      Property StatusActive
      MLS NumberA11786413
      Property Size5000
      Lot Size5000
      Year Built1925
      Folio Number01-02-03-000-1220
      Gross Operating Income$338,400
      Net Operating Income$245,716
      Zoning Information3900
      Days on Market124

      Detailed Description: OLD SPANISH STYLE BUILDING, MINUTES FROM DOWNTOWN MIAMI WITH WALKING DISTANCE FROM BRICKELL. BUILDING WAS TOTAL RENOVATED IN 2010. ROOF WAS REDONE IN 2006. SEVERAL OF THE AC UNITS AND APPLIANCES HAVE BEEN REPLACE SINCE THEN. EXTERIOR OF BUILDING PAINT MARCH 30,2025. PLEASE DO NOT DISTURB TENANTS. 50 YEAR PLUS RE-CERTIFICATION COMPLETE IN JULY 2025, SEE ATTACHMENTS. WILL SHOW AFTER A SIGNED LETTER OF INTENT OR CONTRACT

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      Address Information
      StateFlorida
      CityMiami
      CountyMiami-Dade County
      Zip Code33130
      Address440 SOUTH WEST 5TH AVE
      Zip Code (4 Digits)2767
      Financial Information
      Price$3,950,000
      Price per Foot$0
      Folio Number01-02-03-000-1220
      Gross Operating Income$338,400
      Net Operating Income$245,716
      Tax Amount$53,039
      Full Descriptions
      Detailed DescriptionOLD SPANISH STYLE BUILDING, MINUTES FROM DOWNTOWN MIAMI WITH WALKING DISTANCE FROM BRICKELL. BUILDING WAS TOTAL RENOVATED IN 2010. ROOF WAS REDONE IN 2006. SEVERAL OF THE AC UNITS AND APPLIANCES HAVE BEEN REPLACE SINCE THEN. EXTERIOR OF BUILDING PAINT MARCH 30,2025. PLEASE DO NOT DISTURB TENANTS. 50 YEAR PLUS RE-CERTIFICATION COMPLETE IN JULY 2025, SEE ATTACHMENTS. WILL SHOW AFTER A SIGNED LETTER OF INTENT OR CONTRACT
      Property parameters
      Living Area5000
      Lot Size5000
      Total Acreage0.000
      Zoning Information3900
      Maximum Leasable Size5000
      Year Built1925
      Type of PropertyIncome / MultiFamily
      Type of BusinessApartments
      Street DirectionSouth West
      Listed withFlorida Home Sales and Invest.