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Property profile & analytics
FOR SALE
Small apartment buildings

1068 NW 5Th St Miami, FL 33128

4,480 SF Built 1924
Property ID
US18-1550634
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1924
Total area 4,480 SF
UPID US18-1550634
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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