$1,075,000
SOLD NOV 22, 2024

891 SW 5th St Miami, FL 33130

Riverside Neighborhood
-- Bed
-- Bath
1,840 Sq Ft
1956 Built

Recently Sold

$584 Per Sq Ft

2% Below List Price

71 Days on Market

Highlights

  • Newly Remodeled
  • High Impact Windows
  • Ceramic Tile Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Ernesto Lecuona Park

About This Home

As of November 2024

Alerio Group is proud to exclusively bring 891 SW 5 ST in Little Havana to market. This meticulously maintained 4-unit boutique multifamily is comprised of 4x 1/1 units (2x @ $1800, $1600 & $1650). The building has 8 parking spots, impact windows & doors, 5-6 yr. old roof, new fence. This low-maintenance building is easy to own & manage. Room to raise rents. 2x Sec. 8 tenants. One of the best rental markets in the nation. Real estate investments in the multifamily asset class perform well during inflationary periods and serve as an excellent diversification tool for any investment portfolio. This property will not last!

Last Agent to Sell the Property

Richard Collar

Pellego, LLC License #3544220

Pellego, LLC

Co-Listed By

Angel Fuentes

Pellego, LLC License #3329846

Last Buyer's Agent

Maykel Fernandez

Maykel Fernandez R.E.Broker License #0663605

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,496

Year Built

  • Built in 1956 | Newly Remodeled

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Home Security

  • High Impact Windows
  • High Impact Door

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Additional Features

  • Exterior Lighting
  • Fenced

Listing and Financial Details

  • Total Actual Rent $82,200
  • Rent includes hot water, gardener, sewer, trash collection, water
  • Assessor Parcel Number 01-41-38-005-0012

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Carolina Court A R S Condos
  • Carolina Court A R S Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $15,441
  • Net Operating Income $66,759

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,496

Year Built

Built in 1956 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Co List Office Mls Id: PLLG01
  • Co List Office Phone: 561-414-4614
  • Directions: Please use GPS navigation
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: CAROLINA COURT A R-S
  • Year Built Details: New Construction
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Tile, Vinyl
  • Living Area: 1840
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CAROLINA COURT A R-S
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-38-005-0012
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 66759
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 15441
  • Total Actual Rent: 82200

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8496

Map

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $1,075,000 -1.8% $584 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $1,095,000 +240.1% $595 / Sq Ft
09/18/2015 09/18/15 Sold $322,000 +7.4% $175 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $299,900 -- $163 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11643909

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33130 Riverside

891 SW 5th St, Miami, FL

Homes for Sale in Miami, FL

This home is located at 891 SW 5th St, Miami, FL 33130 and is currently priced at $1,075,000, approximately $584 per square foot. This property was built in 1956. 891 SW 5th St is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.