1068 NW 5Th St Miami, FL 33128
For Sale
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This exceptional eight-unit multifamily investment property, located at 1068 NW 5th St, Miami, FL 33128, presents a compelling opportunity. The property, known as The Ohio Flats, boasts a total of 4,480 square feet and comprises four separate two-story buildings, each housing two units. Built in 1924 and situated on two stories, this completely remodeled property features central air conditioning and impact windows, ensuring both comfort and durability. Its prime location in the heart of Little Havana offers convenient access to the Miami River and benefits from high walkability. The property includes an on-site coin laundry for added income potential, and ample street parking is available. Financial details are available upon request. This turnkey investment is ready for immediate income generation and presents a strong return on investment. The property's solid construction, desirable location, and recent renovations make it an attractive option for discerning investors seeking a stable and profitable venture in a vibrant Miami neighborhood. This is a rare opportunity to acquire a well-maintained, income-producing multifamily property in a rapidly appreciating market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.