Miami, FL 33127,5010 NW 2nd Ave
Miami, FL 33127,5010 NW 2nd Ave
Miami, FL 33127,5010 NW 2nd Ave
Miami, FL 33127,5010 NW 2nd Ave
Miami, FL 33127,5010 NW 2nd Ave
Miami, FL 33127,5010 NW 2nd Ave
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$ 1,156,000
Est. payment | /mo

$ 1,156,000
Est. payment | /mo

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID A11839754

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1956

Annual Tax Amount $19,391

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

Multifamily investment with 5 studio units, built with full city permits for 5U operation! Seize the explosive growth of the Miami Design District with this 100% leased property generating $90,600 annually and immediate cash flow. Located on vibrant 2nd Ave. in Buena Vista, just 0.7 miles from the Miami Design District, 0.5 miles from I-95, and near Wynwood, it ensures high tenant demand. The renovated studios include separate FPL meters and low-maintenance CBS construction. On 6,099 sq ft of land with T4-O zoning (residential, commercial, entertainment uses) and adjacent vacant parcels, it offers substantial development potential to maximize profitability.

Location

State FL

County Miami-dade

Community .

Area 31

Interior

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Barrel

Total Parking Spaces 5

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 01-31-24-013-4700

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11839754

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Miami New Realty
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5010 NW 2nd Ave