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5974 SW 5th Ter Miami, FL $ 3,325,000
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5974 SW 5th Ter
$ 3,325,000
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5974 SW 5th Ter

Miami, FL, 33144
$ 3,325,000
Bedrooms24 Baths12.0 Sq 3,492

Monthly Estimate*

$ 23,226

5974 SW 5th Ter, Miami, FL 33144 - Image 1
5974 SW 5th Ter, Miami, FL 33144 - Image 2
5974 SW 5th Ter, Miami, FL 33144 - Image 3
5974 SW 5th Ter, Miami, FL 33144 - Image 4
5974 SW 5th Ter, Miami, FL 33144 - Image 5
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Multi-Family Home for sale in Miami, FL

for $3,325,000 with 24 bedrooms and 12 full baths. This 3,492 square foot home was built in 1925.

12 UNITS MULTI FAMILY BUILDING, GENERATES 7% CAP RATE, ITS TW0 2 BEDROOMS, 1 BATHROOMS UNITS, TEN 1 BEDROOMS, 1 BATHROOMS UNITS. PERFECT BUILDING FOR A 1031 EXCHANGE OR BUY AND HOLD BUILDING, BLOCKS AWAY FROM CORAL GABLES. BUILDING WAS RENEWED RESENTLY, WAS FENCED FOR PRIVACY. READY FOR THE RIGHT BUYER.

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Multi-Family Pending

Price

$ 3,325,000

Bedrooms

24

Full Bath

12

Property Type

Multi-Family

Taxes

$ 18,616

Style

Fourplex

Year Built

1925

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11560613
Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableAvailable
Possession ClosingFunding CloseOfEscrow
Roof Shingle
Exterior Features Balcony Fence Lighting
HOA 0.0
Architectural Style Fourplex
Pool Features None
Construction Materials Frame Stucco
Year Built 1925
Stories 2
Levels Two
Property SubType Quadruplex
Tax Year 2023
County Miami-Dade County
Net Operating Income 219840.0
Operating Expense 47760.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency Pending Inspections
Subdivision Name GRANADA GROVES NO 3
Garage Y/N N
Rent Includes CableTV
Status Pending
City Miami
Disclosures OwnerIsListingAgent
View Y/N N
Senior Community Y/N N
Zoning Description 0100
MLS Area 40
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 5th Ter
Listing Terms Cash Conventional
Property Attached Y/N N
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 18616.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11560613
Days on Market 29
Standard Status Pending
Occupancy Type Tenant
Total Actual Rent 267600.0
Property Sub Type Additional Quadruplex
Legal Description 1 54 40 GRANADA GROVES NO 3 PB 14-53 LOTS 7-8 BLK 2 LOT SIZE 115.200 X 100 OR 19963-3254 1001 1 COC 23096-1337 12 2004 1
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Interior
Flooring Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Item14to12AcreLot
Total Parking 11.0
Spa N
Building Area Total 3492.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5974
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* Excluded Features
List By
Paramount International Real Estate Llc

Broker

david@davidsellsmiami.com

Email

Affordability Calculator

$24,777
Per Month
94%
6%
0%
Monthly Principal & Interest
$23,226
Monthly Property Taxes
$1,551
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/1/2024$3,325,000 Listed Price

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5974 SW 5th Ter, Miami, FL, 33144 is a Multi-Family Home for sale at $3,325,000 with 3,492 sqft. 5974 SW 5th Ter has 24 bedrooms, 12.0 baths, and was built in 1925. The property's zip code is 33144 which is in Miami, FL

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