Multifamily in Miami, FL 33138
Morningside, 6820 NE 5th Ave

$1.3M11.5%
$1,150,000
2,350
SqFt
Status
OFF MARKETExpired
Size
2,350 SqFt (218 m2)
Price
$489/SqFt ($5,267/m2)
Type
Multifamily
Built
1952
MLS Number
A11427685
On Site
1142 Days
Updated
1102 Days ago
Page Views
0
This fully renovated duplex is nestled in a highly sought-after area, featuring a spacious lot (10,800 Sq Ft) that offers ample outdoor space. The property has been meticulously refurbished including: impact windows/doors, newer roof, newer A/C system, updated kitchen and bathrooms and much more. Boasting modern amenities and stylish finishes throughout and keeping privacy for each unit. With its prime location and updated features, this duplex presents a fantastic opportunity for comfortable and contemporary living as well as a solid investment for anybody looking to generate solid cash flow with yearly or short term rentals. Pro Forma CAP Rate 5.5% and higher.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1952
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-07-31T10:37:44.000-00:00
          Taxes, Fees & More
          • Taxes: 14935

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          Price History

          Current
          $1.2M
          High
          $1.3M
          Low
          $1.2M
          Total Change
          -11.5%
          $1.3M$1.2M$1.1MJul 23Aug 23
          Date
          Event
          Price
          Change
          Price Per
          08/14/2023
          Price Reduced
          $1.2M
          -11.54%
          $489 ft2
          $5,267 m2
          07/31/2023
          Listed
          $1.3M
           
          $553 ft2
          $5,955 m2
          08/14/2023
          $1.2M
          Event
          Price Reduced
          Change
          -11.54%
          Price Per
          $489 ft2
          $5,267 m2
          07/31/2023
          $1.3M
          Event
          Listed
          Price Per
          $553 ft2
          $5,955 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Jose AnzolaKeller Williams Elite Properties • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Walker's Paradise. Daily errands do not require a car
          91

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

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          64

          100
          Sound Score®
          Bearable noise
          75

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          31

          100
          Local Score
          Limited local amenities nearby
          2

          100
          Community Snapshot
          $495K – $1.5M
          Price Tier
          663 - 12,060
          SqFt Range
          1953
          Year Build
          2
          Total Floors

          Subdivision Amenities

          Laundry

          Miami
          Mid-Tier
          Mid-Tier Homes & Condos