Price Reduction - New Construction
Address
5130 NW 5th Ave, Miami, FL
Price
$ 3,975,000
Property Attributes
  • MLS#A11474934
  • TypeIncome
  • CountyMIAMI-DADE
  • CityMiami
  • Area31
  • NeighborhoodRAILWAY SHOPS ADDN 2ND AM
  • Zip33127
  • StyleFourplex
  • Year Built2023
  • Taxes$ 4084
  • Price$ 3,975,000
  • Bedrooms30
  • Full Bathrooms20
  • Half Bathrooms10
  • Sqr Footage5980
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Your next investment awaits. Behold, this uniquely designed fourplex in a rapidly growing neighborhood that promises an impressive return. Brand new construction, carefully designed, every unit is 3 bedrooms & 2.5 baths, 4 private pools, large entertaining backyard space, Brand new Roof, Appliances, Central A/C, Impact windows throughout, also Washer/Dryers in every unit as well. This is the perfect 1031 investment. Turn-key property, low maintenance & tremendous upside rental potential. Located near Wynwood, Design District, Brickell & the beaches. Short drive to Miami International Airport.

Price History
10/27/2023 Listed $3,985,000
4/2/2024 1% - $3,975,000

General Features

Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableAvailable
Possession ClosingFunding
Roof Concrete
Development Status NewConstruction
Architectural Style Fourplex
Pool Features InGround,Pool
Construction Materials Block
Year Built 2023
Stories 2
Levels Two
Property SubType Quadruplex
Tax Year 2022
County Miami-Dade County
New Construction Yes
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name RAILWAY SHOPS ADDN 2ND AM
Garage Y/N No
Rent Includes PestControl,Pool,Sewer
Status Active
City Miami
Buyer Agent Compensation 3%
Disclosures OwnerIsListingAgent
View Y/N No
Senior Community Y/N No
Zoning Description 5700
MLS Area 31
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 5th Ave
Listing Terms Cash,Conventional,Other
Property Attached Y/N No
Year Built Details New Construction
Land Lease Y/N No
Tax Annual Amount 4084.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11474934
Days on Market 167
Standard Status Active
Occupancy Description CallAgent
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No
PostalCity Miami
Legal Description RAILWY SHOPS ADD 2ND AMD PB 3-183 LOT 21 BLK 18 LOT SIZE 6514 SQ FT M/L OR 10245-0126 1278 4
AttributionContact 305-610-7399

Interior Features

Flooring Tile,Vinyl
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Item14to12AcreLot
Total Parking 12.0
Spa No
Building Area Total 13028.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33127

Price
AVG $1.57M
$3.98M
Taxes
AVG $9,364
$4,084
Visits
AVG 269
429
Data Provided by Inside Real Estate®
Year Built
AVG 1951
2023
Walkscore
AVG 84
65
Data Provided by Walkscore® not using MLS data

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