For Sale
$949,999

12108 5Th AveNorth Miami, FL 33161

North Miami Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This impeccably renovated fourplex in desirable North Miami presents a compelling investment opportunity. Built in 1950, this single-story building is located at 12108 NE 5th Ave, North Miami, FL 33161, within Miami-Dade County. Priced at $949,999, the property offers immediate and steady rental income. Its prime location provides easy access to major highways and a short commute to Wynwood, South Beach, and Miami Beach (approximately 20 minutes). The property features a gated entrance, a large terrace ideal for outdoor gatherings, and a well-maintained garden area. A shared laundry facility with washers and dryers is conveniently located on the premises for tenant use. Each unit boasts its own private entrance and a concrete deck, enhancing tenant privacy and comfort. The seller is highly motivated, making this a particularly attractive proposition for investors seeking a multifamily property with potential for expansion and strong rental returns. The property's excellent curb appeal and modern updates contribute to its high desirability and potential for long-term profitability. This is a rare opportunity to acquire a well-maintained, income-producing asset in a thriving South Florida location.

Highlights

  • Impeccably renovated fourplex in desirable North Miami, priced at $949,999.
  • Located at 12108 NE 5th Ave, North Miami, FL 33161, in Miami-Dade County.
  • Offers immediate and steady rental income.
  • Prime location with easy access to major highways and a short commute to Wynwood, South Beach, and Miami Beach.
  • Features a gated entrance, large terrace, and well-maintained garden.
  • Includes a shared laundry facility.

Property Details for 12108 5Th Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1950
Stories
1

Location Insight

City
North Miami
County
Miami-Dade
State
Florida
Latitude
25.8870343
Longitude
-80.189054
12108 5Th Ave, North Miami, Florida

FAQs

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12108 5Th Ave
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