4500 5Th St Coral Gables, FL 33134
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 4500 5Th St
- Year built
- 1945
- Property type
- Small apartment buildings
Description
This meticulously remodeled 1945 one-story apartment building in Miami, Florida, presents a compelling investment opportunity. Situated on a desirable corner lot in a family-friendly neighborhood near Coral Gables and minutes from the airport, this property offers three units: one 1-bedroom/1-bathroom, one 2-bedroom/1-bathroom, and another 1-bedroom/1-bathroom. The building's location provides easy access to parks, schools, shopping, and dining options. Currently generating a projected $7,500 monthly rental income, this turn-key property boasts a 9% cap rate. The flexible layout allows for owner occupancy with rental income from the remaining units, or maximizing cash flow by leasing all three. Located at 4500 SW 5th St, Miami, FL 33134, in Miami-Dade County, this property is priced at $1,000,000 and represents a rare chance to acquire a high-income generating asset in a sought-after community. The property's address is verified, and its coordinates are 25.7668973 latitude and -80.2697201 longitude.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coral Gables
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2697201
- Latitude
- 25.7668973
