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Six-Unit Apartment Building
For Sale
Contact for pricing
Pending

1641 NW 5th St, Miami, FL 33125

Individually metered utilities support tenant-paid water and electricity arrangements.

Property SizeContact for details
Days on Market147

Property Features for 1641 NW 5th St

General Information

Standard status Pending
Property subtype Special Purpose

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Building Details

Buildings 1
Listing Agency: Fausto Commercial Realty Consultants
Listed By: Mauricio Villasuso · License #3254982
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 6:24AM

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 Fausto Commercial Realty Consultants

Investment Insights

Based on property information with market context.

This six-unit multifamily property at 1641 NW 5th St includes six apartments, each configured with two bedrooms and one bathroom. Separate water meters serve the units, while residents are responsible for their own water and electricity expenses.

The property is commercially zoned and identified with mixed-high density zoning. It sits at the entry to Marlins Park in West Little Havana, providing a centrally positioned Miami location within an area described as experiencing residential growth. The zoning framework also supports consideration of future redevelopment possibilities.

Key Highlights

  • Six apartments, each with 2 bedrooms and 1 bathroom
  • Independent water meters installed for each unit
  • Tenants pay their own water and electricity

Property Analytics

Current Use

West Lot 2 Parking Lot & Garage GW Auto Detailing ... Car Wash

Suggested Use

Top Pick Real Estate Agency Pet Grooming Service Butcher Carpet & Flooring Store Fish Market (Bike/Boat/Book/etc) Store

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,757
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Individually metered utilities support tenant-paid water and electricity arrangements.
Where is this apartment building located?
The property is located at 1641 NW 5th St Miami, FL.
What are key features of this property?
This property features: Six apartments, each with 2 bedrooms and 1 bathroom; Independent water meters installed for each unit; Tenants pay their own water and electricity
(305) 340-8901 Call to check price and availability
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