Closed

7th Avenue Highlands, 6734 NW 5th Ave, Miami, FL 33150

545,000(-5.5% )
$515,000Price
4Beds
3Baths
1,436SqFt

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Details

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Status:
Sold - Feb 19, 2025
Parking: 4
Size: 1,436 SqFt (133 m2)
Price: $359/SqFt ($3,860/m2)
Type: Single Family Home
Built: 1941
MLS Number: A11681255
View: Other
On Site: 279 Days
Updated: 159 Days ago
Page Views: 0
Hot deal! Investor/development opportunity. 4/3 single home family in a huge double lot of 10,800 sf with excellent potential. This is a property, completely renovated and ready for rental with expected cap rate of 9%. The land consists of two lots of 5,400 sf. Each (lot 20 & 21 blk 12) zoned t3-o (open). Primary zone 5700 duplexes–general. Miami 21 affordable housing program also allows double density development with the opportunity and flexibility to build up to 8 units!! There are many options for development of this lot. Great location close to schools and shopping, within a few minutes to wynwood, i-95, downtown miami, beaches, and the airport.
Features
Bedrooms
  • Bedrooms: 4
Bathrooms
  • Bathrooms: 3
Exterior and Lot Features
  • Exterior Features: Fence, Lighting, StormSecurityShutters
  • View: Other
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, Other
  • Equipment / Appliances: ElectricRange, Microwave, Refrigerator
  • Heating Description: Central,Other
  • Cooling Description: CentralAir,Other
Building and Construction
  • Floor Description: CeramicTile
  • Year Built: 1941
  • Year Built Description: Resale
  • Style: Detached,OneStory
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 4
    • Listing Date: 2024-10-23T12:52:12.000-00:00
    • Directions: East
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Taxes: 9286
    • Parking Description: Driveway, Other, OnStreet

    Price History

    02/19/2025

    Date

    Sold

    Event

    $515K

    Price

    -5.5%

    Change Rate

    $359 ft2 / $3,860 m2

    Price Per

    11/25/2024

    Date

    Price Reduced

    Event

    $545K

    Price

    -0.91%

    Change Rate

    $380 ft2 / $4,085 m2

    Price Per

    10/23/2024

    Date

    Listed

    Event

    $550K

    Price

    $383 ft2 / $4,123 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Ana Goulart De Andrade • Xcellence Realty • Buyer Agency Compensation .

    Instant Comps

    $200/ft²
    $300/ft²
    $500/ft²
    $700/ft²

    Unit 6734 NW 5th Ave – Asking

    $359/ft²

    (-6%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $380/ft²
    Community $/Price Range (Closed) $316/ft² – $516/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    7010 NW 5th Pl2/41,224$380EastNone$465,0002/12/2025
    Unit: 7010 NW 5th Pl
    Bed/Bath: 2/4Size SqFt: 1,224$/SqFt: $380Exposure: EastView: NoneSold: $465,000Closed Date: 2/12/2025
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