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1649 SW 5th St
Out Of Market
Recommend
Out Of Market
39
Home61's Closings in
Little Havana
Amenities
Key features
Living area
N/A
Lot size
N/A
Tax
$8,552 (2019)
$ /sqft
-
Tenant Occupied
No
Parking Space
0
Building
F W HAHNS SUB
On market
1346 days
$ /sqft
-
Type
other
Year Built
N/A
Unit
-
Zip Code
33135
Ref./MLS ID
A10911853
DESCRIPTION
Investment opportunity in the heart of little havana, the property is being offered for sale at $750,000 representing a 7. 7% cap rate based on current in-place income, the building as a diverse mix of units and property is fully leased. T5-o zoning permits for mixed-use re-development. 7,500 sq. Ft. Zoning permits 11 units. Parking exemptions are available. The property has a recertification of the structure as per the requirements of dade county. After increasing rents to market average, the year one cap is expected to rise to 8. 8%. This property is in a location that is experiencing massive developments that will not only benefit the immediate community but also the city in general.
Data is provided by Miami Board of Realtors.
Public transportation
SW 17 Av & SW 6 St
17
1 mins
SW 17 Av & SW 4 St
17
1 mins
SW 17 Av & SW 3 St
17
1 mins
SW 7 St & SW 17 Av
207
8
2 mins
Nearby School In Little Havana
Data Provided by greatschools.org
Neighborhood
Little Havana
- Little Havana
Listed on August 19, 2020 by Jose Sanchez from Century 21 World Connection, this other is for sale. other for sale in Little Havana listed at $750,000, Reference A10911853
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.