Miami, FL 33127,5010 NW 2nd Ave
Miami, FL 33127,5010 NW 2nd Ave
Miami, FL 33127,5010 NW 2nd Ave
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$1,156,000
Est. payment /mo
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5010 NW 2nd Ave Miami, FL 33127

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID A11839754

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1956

Annual Tax Amount $19,391

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

Multifamily investment with 5 studio units, built with full city permits for 5U operation! Seize the explosive growth of the Miami Design District with this 100% leased property generating $90,600 annually and immediate cash flow. Located on vibrant 2nd Ave. in Buena Vista, just 0.7 miles from the Miami Design District, 0.5 miles from I-95, and near Wynwood, it ensures high tenant demand. The renovated studios include separate FPL meters and low-maintenance CBS construction. On 6,099 sq ft of land with T4-O zoning (residential, commercial, entertainment uses) and adjacent vacant parcels, it offers substantial development potential to maximize profitability.

Location

State FL

County Miami-dade

Community .

Area 31

Interior

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Barrel

Total Parking Spaces 5

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 01-31-24-013-4700

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11839754


Listed by Miami New Realty

Learn More About LPT Realty

agent

Rafael Falero

Broker Associate | License ID: 3024287

+1(786) 586-0096

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5010 NW 2nd Ave