Tenant-Occupied
For Sale
$1,100,000
1853 NW 5th Street, Miami, FL 33125
Residential Income, Miami, FL
Property Size2,996 SF
Lot Size0.17 Acres
Price / SF$367.16
Days on Market37
Property Features for 1853 NW 5th Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
5700
Bedrooms
6
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 3
Pets allowed
Dogs OK, Cats OK, Yes, No
Fencing
Fenced
Subdivision
ROGERS ADDN
Elementary school
Citrus Grove (Miami-Dade)
Middle school
Citrus Grove
High school
Miami
Standard status
Active
APN
0141030060620
Size
2,996 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ROGERS ADDITION PB 5-49 LOT 14 BLK 5 LOT SIZE 50.000 X 150 OR 15216-3958 0991 1 COC 21884-3203 12 2003 1
Tax Annual Amount
14251
Legal Description
ROGERS ADDITION PB 5-49 LOT 14 BLK 5 LOT SIZE 50.000 X 150 OR 15216-3958 0991 1 COC 21884-3203 12 2003 1
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Wall/Window Unit(s), Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1925
Floors in Building
2
Number of units
4
Flooring type
Tile
Building materials
Block, Frame
Roof type
Flat
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Hilda Gonzalez · License #3272938
(954) 865-4560
Added: Aug 31
Changed: Oct 6
Last Checked: Oct 6 at 3:06PM
MLS# B26071643
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit property consists of two duplex buildings on a 0.17-acre lot, with 2,996 square feet of building area. The front structure is concrete block construction and has central air conditioning; the rear is frame construction with wall units. The property is fully occupied, and its 40-year recertification has been completed. Four electric meters and one water meter serve the site, which also has a 4–5 ft. chain-link fence.
The property is one block from loanDepot park and approximately 10 minutes from Downtown Miami and Miami International Airport. Major roads, restaurants, shopping and entertainment are also described as accessible from the area.
The property is one block from loanDepot park and approximately 10 minutes from Downtown Miami and Miami International Airport. Major roads, restaurants, shopping and entertainment are also described as accessible from the area.
Key Highlights
- Fully tenant‑occupied fourplex arranged as two duplex buildings
- 2,996 square feet on a 0.17‑acre lot
- 40‑year recertification completed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,086
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,720
$1.2M
Cap Rate 7%
$858,371
$858.4K
Cap Rate 9%
$667,622
$667.6K
Market Conditions
NOI Build-Up for 2,996 SF
Gross rent
$91.7K $30.60/SF
− Vacancy
−$5.8K −$1.95/SF
EGI
$85.8K $28.65/SF
− OpEx
−$25.8K −$8.60/SF
NOI
$60.1K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,720
Cap Rate 7%
$858,371
Cap Rate 9%
$667,622
Alternative Uses
Best Use
Multifamily LT 5
$858.4K
$751.1K – $1.00M
NOI $60,086 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$790.7K
$691.8K – $922.4K
NOI $55,346 @ 7.0% cap · market cap 5.03%
Theoretical Best
Specialty Retail
$2.02M
$1.77M – $2.36M
NOI $141,562 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,324
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - The property combines block and frame construction with central and wall-mounted air conditioning.
Where is this quadplex located?
The property is located at 1853 NW 5th Street Miami, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fully tenant‑occupied fourplex arranged as two duplex buildings; 2,996 square feet on a 0.17‑acre lot; 40‑year recertification completed
