2741-2749 SW 5th St - Apartments FOR SALE


Miami, FL 33135- Little Havana
$5,300,000 USD
786-326-8435
2741-2749 SW 5th St, Miami, FL for Sale
$5,300,000 USD
Apartments - FOR SALE
1/87
null | 5.45% Cap Rate

2741-2749 SW 5th St
Miami, FL 33135
Little Havana


HIGHLIGHTS

  • Investment Opportunity in Little Havana
  • Recently Renovated 16-Unit Multifamily Property
  • 40 yrs inspection passed

OVERVIEW

Investment Opportunity in Little Havana: Recently Renovated 16-Unit Multifamily Property. Presenting a meticulously renovated 16-unit multifamily property in the highly desirable Little Havana neighborhood. This fully occupied asset offers a compelling 5.4% capitalization rate, providing immediate and consistent income. Significant recent capital improvements include exterior painting completed in 2024, the installation of impact-resistant windows throughout, and the recent replacement of all air conditioning units. This property offers a streamlined investment with minimal anticipated near-term capital expenditures. The property benefits from its strategic location within walking distance of Miami Dade College, ensuring strong and consistent tenant demand. Furthermore, a transferable hotel license presents an additional value proposition for the investor. The unit mix comprises sixteen (16) one-bedroom, one-bathroom units, each thoughtfully designed with an additional versatile room currently utilized by tenants as a supplementary living space. All units feature fully equipped kitchens. Two distinct floor plans are present within the building. Please respect the privacy of current tenants. All inquiries, appointments, and requests for further information should be directed to Maggie at 786-326-8435 (call or text).

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$468 USD /SF

# OF UNITS

16

PRICE/UNIT

$331,250

CAP RATE

5.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,811 SF

ZONING

R-2, Miami

APN/PARCEL ID

01-4104-017-0250,01-4104-017-0260

ASK ABOUT THIS PROPERTY

Maggie MoyaCOLDWELL BANKER RESIDENTIAL REMore Info
786-326-8435

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Maggie MoyaCOLDWELL BANKER RESIDENTIAL REMore Info
786-326-8435

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