Multifamily in Miami, FL 33134
Lynnwood, 4500 SW 5th St

$1M8%
$920,000
1,752
SqFt
Status
Sold - Nov 26, 2024
Size
1,752 SqFt (163 m2)
Price
$525/SqFt ($5,652/m2)
Type
Multifamily
Built
1945
MLS Number
A11671618
On Site
709 Days
Updated
18 Days ago
Page Views
0
Turn-Key Investment in Prime Location! This beautifully remodeled corner lot property is in a family-friendly neighborhood near Coral Gables and minutes from the airport. Currently set up as three units: a 1-bed/1-bath, 2-bed/1-bath, and 1-bed/1-bath, it offers great flexibility for investors or homeowners. With the potential to generate $7,500 per month in long-term rental, this is a rare opportunity. Live in one unit, rent the other two, or lease all three for max cash flow—this turn-key property is ready to go, boasting an impressive 9% cap rate. Enjoy the walkable, family-friendly neighborhood close to parks, schools, shopping, and dining. This is the perfect high-income generating asset in a sought-after community. Don’t miss out!

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Other
        • Cooling Description: Other
        Building and Construction
        • Floor Description: Other
        • Year Built: 1945
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-10-05T17:52:16.000-00:00
          Taxes, Fees & More
          • Taxes: 3019

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          Price History

          Current
          $920K
          High
          $1M
          Low
          $920K
          Total Change
          -8%
          $1M$960K$910KOct 24Nov 24
          Date
          Event
          Price
          Change
          Price Per
          11/26/2024
          Sold
          $920K
          -8%
          $525 ft2
          $5,652 m2
          10/04/2024
          Listed
          $1M
           
          $571 ft2
          $6,144 m2
          11/26/2024
          $920K
          Event
          Sold
          Change
          -8%
          Price Per
          $525 ft2
          $5,652 m2
          10/04/2024
          $1M
          Event
          Listed
          Price Per
          $571 ft2
          $6,144 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Yasser Pupo • Formula Realty, LLC • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          72

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          43

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          54

          100
          Sound Score®
          Bearable noise
          75

          100
          Airport Score
          Close to airports. Noticeable airport activity
          4

          100
          Traffic Score
          Congested area. Frequent traffic delays
          31

          100
          Local Score
          Limited local amenities nearby
          0

          100
          Community Snapshot
          3 – 3 BR
          Bedrooms
          $765K – $765K
          Price Tier
          950 - 2,715
          SqFt Range
          1945
          Year Build

          Miami
          Premium
          Premium Homes & Condos