5974 SW 5th Ter Miami, FL ^$ 3,325,000

5974 SW 5th Ter

^$ 3,325,000

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5974 SW 5th Ter

Miami, FL, 33144

^$ 3,325,000

Studio Baths0.0 Sq 3,435

Monthly Estimate*

^$ 22,099

5974 SW 5th Ter, Miami, FL 33144 - Image 1

5974 SW 5th Ter, Miami, FL 33144 - Image 2

5974 SW 5th Ter, Miami, FL 33144 - Image 3

5974 SW 5th Ter, Miami, FL 33144 - Image 4

5974 SW 5th Ter, Miami, FL 33144 - Image 5

5974 SW 5th Ter, Miami, FL 33144 - Image 6

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Studio

Commercial Property for sale in Miami, FL

for $3,325,000. This 3,435 square foot building was built in 1925 on a lot size of 0.264463.

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.

Commercial Pending

Price

^$ 3,325,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 18,616

Style

MultiFamily

Lot Size

0.264463

Year Built

1925

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11560626

Features

General

Sewer PublicSewer

Heating Central

Cooling CentralAir

Possession ClosingFunding CloseOfEscrow

Security Features Fenced SecurityLights

Year Built 1925

Property SubType MultiFamily

County Miami-Dade County

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Contingency Pending Inspections

Garage Y/N N

Status Pending

City Miami

Disclosures OwnerIsListingAgent

View Y/N N

Senior Community Y/N N

Zoning Description 0100

MLS Area 40

Lot Size Units SquareFeet

Lot Size Square Feet 11520.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 5th Ter

Listing Terms Conventional

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 18616.0

Home Warranty Y/N N

Ok to Lease Item36Months

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11560626

Days on Market 29

Structure Type Apartment MultiFamily

Standard Status Pending

Occupancy Type CallAgent

Property Sub Type Additional MultiFamily

Legal Description 1 54 40 GRANADA GROVES NO 3 PB 14-53 LOTS 7-8 BLK 2 LOT SIZE 115.200 X 100 OR 19963-3254 1001 1 COC 23096-1337 12 2004 1

Interior

Flooring Laminate

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Electric On Property Y/N N

Total Baths 0

Exterior

Water Source Public

Total Parking 11.0

Lot Size Area 11520.0

Spa N

Building Area Total 3435.0

Covered Spaces 0.0

Number of Separate Electric Meters 1

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 5974

* Excluded Features

List By

Paramount International Real Estate Llc

Broker

david@davidsellsmiami.com

Affordability Calculator

$23,650

Per Month

Monthly Principal & Interest: $22,099
Monthly Property Taxes: $1,551
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Miami, FL

Average List Price ^$2,223,588

Percent of Sale Price 33%

About Miami, FL

450,829 Population

25% Since 2002

^$39,267 Median Income

40.58 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

292769 Elementary School

292996 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/1/2024	$3,325,000		Listed Price

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5974 SW 5th Ter, Miami, FL, 33144 is a Commercial Property for sale at $3,325,000 with 3,435 sqft and a lot size of 0.264463. 5974 SW 5th Ter is a studio with 0.0 baths and was built in 1925. The property's zip code is 33144 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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5974 SW 5th Ter

Commercial Property for sale in Miami, FL

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