Multifamily Property in Little
For Sale
$2,400,000
Pending
1560 SW 5th St, Miami, FL 33135
Multifamily property with one-bedroom and studio units in Little Havana.
Property Size8,438 SF
Lot Size0.17 Acres
Days on Market312
Property Features for 1560 SW 5th St
General Information
Standard status
Pending
Size
8,438 SF
Lot size
0.17 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$25,438
Building Details
Building Size
8,438 SF
Year Built
1925
Stories
2
Listing Agency:
APEX Capital Realty
Listed By:
Carl Gorman · License #3551551
(305) 323-9787
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:42AM
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 APEX Capital Realty
Investment Insights
Based on property information with market context.
The Victoria Apartments present an investment opportunity in a vibrant Miami neighborhood. This multifamily property is located in Little Havana and features a unit mix of 8 medium-sized one-bedroom units and 4 spacious studio apartments.
Key Highlights
- Multifamily property in Little Havana
- Great investment opportunity
- Features 8 one‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,879
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,117,580
$3.1M
Cap Rate 7%
$2,226,843
$2.2M
Cap Rate 9%
$1,731,989
$1.7M
Market Conditions
NOI Build-Up for 8,438 SF
Gross rent
$303.8K $36.00/SF
− Vacancy
−$20.4K −$2.41/SF
EGI
$283.4K $33.59/SF
− OpEx
−$127.5K −$15.11/SF
NOI
$155.9K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,117,580
Cap Rate 7%
$2,226,843
Cap Rate 9%
$1,731,989
Alternative Uses
Best Use
Apartment 5plus
$2.23M
$1.95M – $2.60M
NOI $155,879 @ 7.0% cap · market cap 6.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.70M
$4.98M – $6.64M
NOI $398,699 @ 7.0% cap · market cap 16.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,745
Businesses Nearby
Explore this area
Business Placement
Demographics for 33135, FL
36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with one-bedroom and studio units in Little Havana.
Where is this apartment building located?
The property is located at 1560 SW 5th St Miami, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Multifamily property in Little Havana; Great investment opportunity; Features 8 one‑bedroom units
