New Listing - 10/05/2024

$1,000,000 ($570.78 per sqft)

Est. Mortgage $4,991/mo *

Quick Pre-Approval

4500 SW 5th St, Miami, FL, 33134

4500 SW 5th St, Miami, FL, 33134

1945

1,752 sqft

Turn-Key Investment in Prime Location! This beautifully remodeled corner lot property is in a family-friendly neighborhood near Coral Gables and minutes from the airport. Currently set up as three units: a 1-bed/1-bath, 2-bed/1-bath, and 1-bed/1-bath, it offers great flexibility for investors or homeowners. With the potential to generate $7,500 per month in long-term rental, this is a rare opportunity. Live in one unit, rent the other two, or lease all three for max cash flow—this turn-key property is ready to go, boasting an impressive 9% cap rate. Enjoy the walkable, family-friendly neighborhood close to parks, schools, shopping, and dining. This is the perfect high-income generating asset in a sought-after community. Don’t miss out!


Status:

Active

Type:

Multi-family

Zoning:

0100

Subdivision:

LYNNWOOD

Heating:

Other

Cooling:

Other

Parking:

3-car

Est. Taxes:

$3,019

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Pool:

None

MLS #:

A11671618


Community Info

School Info

Walk Score

Yelp



Listing courtesy of Formula Realty, LLC Phone: 305.230.4357