5422 Northwest 5 Avenue

Miami, FL 33127

$1,050,000
Price
Beds
2,390 Sq. Ft.
$439 / Sq. Ft.
2,390
Sq. Ft.
$439
per Sq. Ft.

Property Details for 5422 Northwest 5 Avenue

StatusActive
MLS #A10692048
Year Built1929
DOM138
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Lot Size-
Taxes$5,775 / year
Condo/Co-op Fees-
HOA Fees-
CountyMiami-Dade County

Listing Agent

Contact Agent(s)

Property Details for 5422 Northwest 5 Avenue

Subdivision
BUENA VISTA GARDENS
Style
Fourplex
Waterfront
No

Description

Located in an opportunity zone, steps from Magic City Innovation District & other notable developments this Cash Flowing investment opportunity provides easy in-place income with upside. Totaling 7 units, this multifamily includes a single family 3/2 house and six 1 bed 1 bath apts. Ideally located just north of the 54th Street Corridor- sale Includes two folios 5422 & 5434 NW 5th Avenue. Units have gone through various updates with current owners including interior renovations turning units to similar... condition. Property is gated and features off-street parking for several cars. Future buyer can increase cash flow by bringing to market rate or section 8 to secure subsidized tenants with little-to-no vacancy. Close to Upper Buena Vista Market, The Citadel Food Hall and Wynwood.

Location

Listing Agents

  1. Jesse Spencer

    Listing Agent

    Compass

  2. Ivette Sequeira

    Alternative Listing Agent

    Compass

Building Information for 5422 Northwest 5 Avenue

Stories-Residences7Year Built1929Building Size-Lot Size-

Payment Calculator

$4,258 per month

30 year fixed, 3.51% Interest

Principal and Interest

$3,777

Property Taxes

$481

HOA Dues

$0

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Property Information for 5422 Northwest 5 Avenue

General Information
    General Information
  • Sq Ft Liv Area: 2390
  • Sq Ft Total: 2390
  • Information Available: Inventory, Rent Rolls
    Maintenance / Tax Information
  • Tax Amount: $5,775
  • Tax Information: Tax Reflects City & County Tax
  • Tax Year: 2018
    Building Information
  • Property Type: Residential Income
  • Property Type Information: Detached
  • Subdivision Complex Bldg: BUENA VISTA GARDENS
  • Total Units: 7
  • Type of Property: Fourplex
  • Year Built: 1929
  • Year Built Description: Unknown
Virtual Tour / Features / Utilities
    Interior
  • Floor Description: Tile Floors
    Exterior
  • Construction Type: Concrete Block Construction
  • Pool: No
  • Roof Description: Concrete Roof
    Utilities
  • Cooling Description: Wall/Window Unit Cooling
  • Heating Description: No Heat
  • Cable Available: Yes
  • Separate Meter: Yes
  • Sewer Description: Municipal Sewer
Property / Lot Information
    Community Information
  • Subdivision Number: 42
    Location Information
  • Area: 31
  • Unit Count: 2
  • Directions: North of 54th Street on NW 5th Ave Right Side
  • Municipal Code: 1
  • Parcel Number: 01-31-13-042-1710
  • Zoning Information: 5700
  • Section: 13
  • Num Parking Spaces: 8
  • Num Stories: 2
    Lot Information
  • Flood Zone: X
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • LP Amt Sq Ft: $439
Multi Family Information
    Expense Information
  • Exp Incl Insurance: Yes
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Maintand Repair: Yes
  • Exp Incl Trash: Yes
  • Exp Incl Water Sewer: Yes
Rent Information
    Rent Information
  • Rent Includes: Sewer, Water
Listing / Agent and Office Information
    Listing Information
  • Auction: No
  • AVM: Yes
  • Possession Information: Other
  • REO: No
  • Short Sale: No

Property History for 5422 Northwest 5 Avenue

DateEvent & SourcePriceAppreciation
May 28, 2019Listed (Active)

MiamiRE #A10692048

$1,050,000
DateEvent & SourcePrice
05/28/2019
Listed (Active)

MiamiRE #A10692048

$1,050,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5422 Northwest 5 Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Clara Mohammed School Of Miami FloridaPrivateK-30.3 mi
NR
Miami Edison Senior High SchoolPublic9-120.4 mi
2
Edc Academy Of ExcellencePrivate2-120.5 mi
NR
Itech@Thomas A Edison Educational CenterPublic9-120.5 mi
6

Clara Mohammed School Of Miami Florida

K-3, 0.3 mi, Private

NR

Miami Edison Senior High School

9-12, 0.4 mi, Public

2

Edc Academy Of Excellence

2-12, 0.5 mi, Private

NR

Itech@Thomas A Edison Educational Center

9-12, 0.5 mi, Public

6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5422 Northwest 5 Avenue is a multi-family home for sale in Miami, FL 33127. This property was listed for sale on May 28, 2019 by Compass at $1,050,000. Nearby schools include Alpha Charter Of Excellence, Miami Edison Senior High School and Miami-Dade Virtual High School Franchise. 5422 Northwest 5 Avenue is a 0-bed, 0-bath, 2,390 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Details provided by MCRTC and may not match the public record. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Beaches Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Martin County REALTORS® of the Treasure Coast, Inc. Real estate listings held by brokerage firms other than Redfin are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2019 Martin County REALTORS® of the Treasure Coast, Inc. All Rights Reserved. © 2019 The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2019 Miami Association of REALTORS®. All Rights Reserved. The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on 09/12/2019 04:20 PM