5743 3Rd Ave Miami, FL 33127
- Small apartment buildings
- 2,880 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 5743 3Rd Ave
- Year built
- 1970
- Property size
- 2,880 SF
- Property type
- Small apartment buildings
Description
This exceptional multifamily investment property, located at 5743 NW 3rd Ave, Miami, FL 33127, presents a compelling opportunity for discerning investors. The property, built in 1970, comprises a single-story, 2,880 square foot building encompassing four units: three three-bedroom, two-bathroom apartments and one studio apartment. All units are currently leased, generating consistent rental income. The property is zoned T3O (Municipal zone) with a primary land use designation of 0803 MULTIFAMILY 2-9 UNITS: MULTIFAMILY 3 OR MORE UNITS, ensuring its suitability for continued multifamily use. The asking price is $1,200,000. A buyer transaction fee of $595.00 is payable at closing. This property offers a strong return on investment in a desirable Miami location. The property's solid construction and consistent occupancy make it an attractive addition to any investment portfolio. Serious inquiries are encouraged.
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
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2020827
- Latitude
- 25.8286296