Multifamily in Miami, FL 33127
Edison, 5450 NW 1st Ave

$800K15%
$680,000
1,200
SqFt
Status
Sold - Jan 23, 2025
Size
1,200 SqFt (111 m2)
Price
$567/SqFt ($6,100/m2)
Type
Multifamily
Built
1948
MLS Number
A11548750
On Site
896 Days
Updated
19 Days ago
Page Views
0
Investor dream come true. Amazing home and lot in an opportunity zone area. This home and lot are currently zone as multi-family with 2 up to 9 units that could be built on this lot. The new owner could legally build up to three stories high and could have up to 9 units. You would also be able to add onto the existing property. Roof was completely redone in 2021 with full permits. One Units are currently rented at $1,800. The other units leased just ended and is vacant. This home is just a 6 minute drive to the art district of Wynwood, 12 Minute drive to the beautiful and upscale Brickell City Centre & Bayside Marketplace, only 17 minute drive to Miami's famous South Beach

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence
      Interior, Heating and Cooling
      • Heating Description: WallFurnace
      • Cooling Description: WallWindowUnits
      Building and Construction
      • Floor Description: Tile
      • Year Built: 1948
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2024-04-02T00:14:55.000-00:00
        Taxes, Fees & More
        • Taxes: 7815

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        Price History

        Current
        $680K
        High
        $800K
        Low
        $680K
        Total Change
        -15%
        $814K$740K$666KMar 24Jun 24Aug 24Jan 25
        Date
        Event
        Price
        Change
        Price Per
        01/23/2025
        Sold
        $680K
        -8.1%
        $567 ft2
        $6,100 m2
        08/16/2024
        Price Reduced
        $740K
        -1.33%
        $617 ft2
        $6,637 m2
        06/21/2024
        Price Reduced
        $750K
        -6.25%
        $625 ft2
        $6,727 m2
        03/11/2024
        Listed
        $800K
         
        $667 ft2
        $7,175 m2
        01/23/2025
        $680K
        Event
        Sold
        Change
        -8.1%
        Price Per
        $567 ft2
        $6,100 m2
        08/16/2024
        $740K
        Event
        Price Reduced
        Change
        -1.33%
        Price Per
        $617 ft2
        $6,637 m2
        06/21/2024
        $750K
        Event
        Price Reduced
        Change
        -6.25%
        Price Per
        $625 ft2
        $6,727 m2
        03/11/2024
        $800K
        Event
        Listed
        Price Per
        $667 ft2
        $7,175 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Gabriel RosaRosa International 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
        84

        100
        Transit Score®
        Good Transit. Many nearby public transportation options
        52

        100
        Bike Score®
        Very Bikeable. Biking is convenient for most trips
        74

        100
        Sound Score®
        Very loud
        74

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        33

        100
        Local Score
        Limited local amenities nearby
        2

        100
        Community Snapshot
        3 – 3 BR
        Bedrooms
        $271K – $870K
        Price Tier
        928 - 2,890
        SqFt Range
        1948
        Year Build
        1
        Total Floors

        Subdivision Amenities

        Laundry
        None

        Miami
        Mid-Tier
        Mid-Tier Homes & Condos