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Three-Story Apartment Building
For Sale
$2,550,000
Pending

340 SW 5th Ave, Miami, FL 33130

Three-story, 29-unit apartment building built in 1925 with guest facilities and no pool.

Property SizeContact for details
Days on Market2912

Property Features for 340 SW 5th Ave

General Information

Standard status Pending
Property subtype General Commercial

Additional Details

Highway Access Yes
Multifamily Units 29

Amenities

3

Building Details

Year Built 1925
Buildings 1
Stories 3
Listing Agency: RE/MAX Advance Realty II
Listed By: Yvonne Ramirez · License #SL3281201
Source: Xome
Added: Aug 17, 2018 Changed: Jul 30 Last Checked: Jul 30 at 7:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Advance Realty II

Investment Insights

Based on property information with market context.

This three-story apartment building offers 29 units and was built in 1925. Interior guest facilities include 3 guest facilities. The property does not include a pool.

The building is located in Little Havana, with convenient access described to I-95 and the University of Miami/Jackson Medical Centers and Hospitals. It is also positioned minutes from areas including Downtown, Brickell, the Port of Miami, the Miami River, and Marlins Stadium, with a short walk to Calle Ocho.

With its multi-unit configuration and central access to major destinations, the building is set up for tenants seeking day-to-day convenience and proximity to well-known employment and entertainment nodes.

Key Highlights

  • 29‑unit, three‑story apartment building
  • Built in 1925
  • 3 guest facilities

Property Analytics

Current Use

Villa Sonia Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Restaurant Buffet Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

29
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

9,064
Businesses Nearby

Demographics for 33130, FL

35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story, 29-unit apartment building built in 1925 with guest facilities and no pool.
Where is this apartment building located?
The property is located at 340 SW 5th Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 29‑unit, three‑story apartment building; Built in 1925; 3 guest facilities
More about this property
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