About 5974 Sw 5th Ter
12 UNITS MULTI FAMILY BUILDING, GENERATES 7% CAP RATE, ITS TW0 2 BEDROOMS, 1 BATHROOMS UNITS, TEN 1 BEDROOMS, 1 BATHROOMS UNITS. PERFECT BUILDING FOR A 1031 EXCHANGE OR BUY AND HOLD BUILDING, BLOCKS AWAY FROM CORAL GABLES. BUILDING WAS RENEWED RESENTLY, WAS FENCED FOR PRIVACY. READY FOR THE RIGHT BUYER.
Features of 5974 Sw 5th Ter
| MLS® # | A11560613 |
|---|---|
| Price | $3,325,000 |
| Square Footage | 3,492 |
| Year Built | 1925 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 5974 Sw 5th Ter |
|---|---|
| Area | 40 |
| Subdivision | GRANADA GROVES NO 3 |
| City | Miami |
| County | Miami-Dade County |
| State | FL |
| Zip Code | 33144-3982 |
Amenities
| Utilities | Cable Available |
|---|---|
| # of Parking Spaces | 11 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Flooring | Vinyl |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Balcony, Fence, Lighting |
|---|---|
| Roof | Shingle |
| Construction | Frame, Stucco |
| Lot Features | 1/4 to 1/2 Acre Lot |
| Sewer | Public Sewer |
Additional Information
| Date Listed | April 1st, 2024 |
|---|---|
| Days on Market | 46 |
| Zoning Description | 0100 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Rent Includes | CableTV |
| Operating Expenses | $47,760 |
| Year Built Details | Resale |
| Tax Annual Amount | $18,616 |
| Tax Year | 2023 |
| Buyer Agent Compensation | 2.5% |
Unit 1 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $2,300 |
| Features | Parking:Space, Air Conditioning Unit |
| Leased | Yes |
Unit 2 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $2,300 |
| Features | Parking:Space, Air Conditioning Unit |
| Leased | Yes |
Unit 3 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,650 |
| Features | Parking:Space, Air Conditioning Unit |
| Leased | Yes |
Unit 4 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,650 |
| Features | Parking:Space, Air Conditioning Unit |
| Leased | Yes |
Listing Details
| Office | Paramount International Real Estate LLC |
|---|