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    6210 5Th Ave Miami, FL 33138

    Sponsored
    For Sale
    $1,595,000

    Five-Unit Building, Prime Miami Location

    Property size:
    3,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-unit apartment building, located at 6210 NE 5th Ave in Miami, Florida, presents a compelling investment opportunity. Built in 2014, this two-story, 3,800 square foot property boasts a desirable mix of units: two 2-bedroom units and two 1-bedroom units within the main building. A separate 2-bedroom cottage, situated on the same lot (under a separate folio number), adds to the property's rental income potential. The property is situated in the vibrant Mimo neighborhood, offering residents a tranquil setting while being conveniently located just one block from the bustling Biscayne Boulevard in Miami-Dade County, zip code 33138. This well-maintained building offers a blend of residential charm and strong investment potential, making it attractive to both experienced investors and those new to the real estate market. The property's prime location and diverse unit mix are poised for consistent rental income and long-term appreciation. The asking price is $1,595,000. This is a rare opportunity to acquire a well-positioned multifamily property in a thriving Miami neighborhood.

    Property Features for 6210 5Th Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,800 SF

    Building Details

    Year Built
    2014
    Stories
    2

    HighLights

    • $1,595,000 asking price.
    • Multifamily property, Apartment Building, Duplex/Triplex/Quadruplex.
    • 3,800 square feet.
    • Built in 2014, 2 stories.
    • Five‑unit building in Miami, FL (33138), located near Biscayne Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1864074
    Latitude
    25.8338983

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    FAQs

    What type of property is this?
    Multifamily property - Five-Unit Building, Prime Miami Location
    Where is this multifamily property located?
    The property is located at 6210 5Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: $1,595,000 asking price.; Multifamily property, Apartment Building, Duplex/Triplex/Quadruplex.; 3,800 square feet.
    Request Owner's contact information
    6210 5Th Ave Miami, FL 33138
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6210 5Th Ave Miami, FL 33138
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