2222 5Th St Miami, FL 33135

Property Details for 2222 5Th St

Year built

1925

Property type

Small apartment buildings

Description

This exceptional 2-unit apartment building, located at 2222 SW 5th St, Miami, FL 33135, presents a lucrative investment opportunity. Built in 1925 and completely renovated in 2024, this corner duplex boasts a prime location near Downtown Miami, Brickell, Coral Gables, and Coconut Grove. The property features two separate units: a 3-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit. Each unit is equipped with central air conditioning and its own washer and dryer. Recent renovations include a new roof, impact-resistant doors and windows, and high ceilings, enhancing both aesthetics and functionality. The property sits on a spacious lot, exceeding the tax roll assessment, and is conveniently located outside of any designated flood zone. Importantly, the land is zoned for 2-9 units, offering significant potential for future expansion and increased rental income. This is a rare opportunity to acquire a fully renovated, high-demand multifamily property in a rapidly appreciating area of Miami. The asking price is $950,000. This duplex is a must-see for discerning investors seeking strong returns in a prime South Florida location.