In the heart of Little Havana, South Florida's cultural hub, sits a meticulously renovated 16-unit multifamily property. Out of these, 12 units are fully renovated, and 3 are vacant and waiting to be renovated. and 1 is rented on a month-to-month basis. Located strategically near downtown Miami and economic centers, it presents a lucrative opportunity for savvy investors. The property boasts an elegant exterior, private backyard, and laundry facilities, embodying urban sophistication. With seasonal rentals, it has generated $27,400 in gross rental revenue per month over the past 3 months.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Riverside Elementary School
1190 SW 2nd St
Distance between this listing and this school0.17 miles
Public District Grades PK-5
Middle School
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school2.59 miles
Public District Grades 6-8
High School
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school1.28 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Riverside Elementary School
1190 SW 2nd St
Distance between this listing and this school0.17 miles
Public District Grades PK-5
Nearby Schools
3
/10
Alpha Charter of Excellence
1223 SW 4th St
Distance between this listing and this school0.20 miles
Public Charter Grades KG-5
10
/10
Mater Academy East Charter
450 SW 4th St
Distance between this listing and this school0.60 miles
Public Charter Grades PK-5
Assigned Schools
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school2.59 miles
Public District Grades 6-8
Nearby Schools
5
/10
Sports Leadership and Management (Slam) Charter Mi
604 NW 12th Ave
Distance between this listing and this school0.21 miles
Public Charter Grades 6-8
9
/10
Lincoln-Marti Charter School Little Havana Campus
970984 West Flagler St
Distance between this listing and this school0.32 miles
Public Charter Grades KG-8
Assigned Schools
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school1.28 miles
Public Magnet Grades 9-12
Nearby Schools
8
/10
Sports Leadership of Miami Charter High School
998 SW 1st St
Distance between this listing and this school0.24 miles
Public Charter Grades 9-12
6
/10
Mater Academy East Charter High School
998 SW 1st St
Distance between this listing and this school0.24 miles
The neighbors living near this home have an average income of $19,198. The majority of Miami, FL residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
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This home is located at 1029 SW 5th St in Miami, FL and zip code 33130 in the Little Havana neighborhood. This 10,700 square foot home was built in 1925. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $3,800,000.
While more than 115 listings in Miami, FL in March 2024 were sold above asking price, there were more than 149 listings sold at asking price, and more than 619 were sold below. The number of listings in Miami, FL increased by 9.1% between February 2024 and March 2024. In March 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $540,091.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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