891 5Th St Miami, FL 33130
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 891 5Th St
- Year built
- 1956
- Property type
- Small apartment buildings
Description
This exceptional four-unit apartment building, located at 891 SW 5th St in Miami's vibrant Little Havana neighborhood (zip code 33130), presents a compelling investment opportunity. Built in 1956, this single-story property boasts a meticulously maintained exterior and features four one-bedroom, one-bathroom units. Two units currently command a monthly rent of $1800, while the other two rent for $1600 and $1650 respectively. The property includes eight parking spaces, a significant advantage in this desirable location. Recent upgrades include impact windows and doors, and a roof that is five to six years old. A new fence further enhances the property's curb appeal and security. The building's low-maintenance design makes it an ideal investment for both seasoned and novice property owners. The strong rental market in Miami, coupled with the potential for rent increases, makes this a particularly attractive proposition. Two of the units are currently occupied by Section 8 tenants. This property offers a solid foundation for building long-term wealth and capital appreciation. The property is situated in Miami-Dade County, Florida. Don't miss this chance to acquire a well-maintained, income-producing asset in one of the nation's hottest rental markets.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2089661
- Latitude
- 25.7689848
