12 UNITS MULTI FAMILY BUILDING, GENERATES 7% CAP RATE, ITS TW0 2 BEDROOMS, 1 BATHROOMS UNITS, TEN 1 BEDROOMS, 1 BATHROOMS UNITS. PERFECT BUILDING FOR A 1031 EXCHANGE OR BUY AND HOLD BUILDING, BLOCKS AWAY FROM CORAL GABLES. BUILDING WAS RENEWED RESENTLY, WAS FENCED FOR PRIVACY. READY FOR THE RIGHT BUYER.
Property Details
Property Features
Property Information:
Architectural Style: Fourplex
Year Built: 1925
Stories: 2
Living Area: 3,492 SqFt
Listing Office:
Office Name: Paramount International Real Estate LLC
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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.
Middle School
3
/10
Kinloch Park Middle School
4340 NW 3rd St
Distance between this listing and this school1.74 miles
Public District Grades 6-8
High School
3
/10
South Miami Senior High School
6856 SW 53rd St
Distance between this listing and this school3.17 miles
Public Magnet Grades 9-12
Nearby Schools
6
/10
Fairlawn Elementary School
444 SW 60th Ave
Distance between this listing and this school0.11 miles
Public District Grades PK-5
8
/10
Sylvania Heights Elementary School
5901 SW 16th St
Distance between this listing and this school0.58 miles
Public District Grades PK-5
6
/10
Henry M. Flagler Elementary School
5222 NW 1st St
Distance between this listing and this school0.90 miles
Public District Grades PK-5
Assigned Schools
3
/10
Kinloch Park Middle School
4340 NW 3rd St
Distance between this listing and this school1.74 miles
Public District Grades 6-8
Nearby Schools
2
/10
West Miami Middle School
7525 Coral Way
Distance between this listing and this school1.94 miles
Public Magnet Grades 6-8
9
/10
Coral Gables Preparatory Academy
105 Minorca Ave
Distance between this listing and this school2.32 miles
Public District Grades PK-8
Assigned Schools
3
/10
South Miami Senior High School
6856 SW 53rd St
Distance between this listing and this school3.17 miles
Public Magnet Grades 9-12
Nearby Schools
5
/10
Coral Gables Senior High School
450 Bird Rd
Distance between this listing and this school2.86 miles
Public Magnet Grades 9-12
4
/10
Miami Coral Park Senior High School
8865 SW 16th St
Distance between this listing and this school3.03 miles
The neighbors living near this home have an average income of $33,957. The majority of Miami, FL residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
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This home is located at 5974 SW 5th Ter in Miami, FL and zip code 33144 in the West Flagler neighborhood. This 3,492 square foot home was built in 1925. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $3,325,000.
Miami, FL housing market in March 2024 saw over 115 listings sold above listed price, more than 149 sold at listed price and over 619 sold below. The inventory of homes for sale in Miami, FL between February 2024 and March 2024 increased by 9.1%. In March 2024 median list price was $540,091 and the average listing age was 59 days.
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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