South Florida
Closed
Lynnwood, 4500 SW 5th St, Miami, FL 33134
1,000,000(-8% )
Details
Save
Status:
Sold - Nov 26, 2024
Size: 1,752 SqFt (163 m2)
Price: $525/SqFt ($5,652/m2)
Type: Multi Family
Built: 1945
MLS Number: A11671618
On Site: 310 Days
Updated: 257 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
Price History
11/26/2024
Date
Sold
Event
$920K
Price
-8%
Change Rate
$525 ft2 / $5,652 m2
Price Per
10/04/2024
Date
Listed
Event
$1M
Price
$571 ft2 / $6,144 m2
Price Per
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 .
Instant Comps
$400/ft²
$400/ft²
$600/ft²
$800/ft²
Unit 4500 SW 5th St – Asking
$525/ft²
(-9%) from Closed Medium $/ft²
Closed Medium $/ft²
$576/ft²
Community $/Price Range (Closed) $525/ft² – $626/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
THINKING OF SELLING IN Lynnwood at Miami?
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