7201 NE 5th Ave, Miami, FL 33138 | MLS A10809265 | Listing Information | BHHS Florida Realty

7201 NE 5th Ave,  Miami, FL 33138

1,836 sqft
Status: Active
MLS#: A10809265
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Last Updated: 2/26/2020 9:25 AM
Description for 7201 NE 5th Ave Miami, FL 33138
Fully remodeled desirable corner lot income producing Duplex plus Efficiency at the upcoming Upper East Side or MiMo area. High end Porcelain floors, Stainless steel appliances and quartz counter tops. High impact energy efficient windows. High efficiency appliances and toilets. One block to Biscayne Blvd. Walking distance to restaurants, shoppings, Bay, parks and few minutes driving to the beach. 7 minutes to Miami Design District. 15 minutes to MIA Airport. 15 minutes to Miami Beach. 3 Carport parking spaces plus plenty of free street parking. AAA tenants and Owner unit. NOI: $50,635.87.Cap Rate: 6.03% at asking price. 10-year Proforma Cap Rate: above 8%. Lot 7,540 sqft. Owner/Broker. Own a piece of this fast growing neighborhood!
Price
$840,000
FEDERAL WAY AMD/Palm Grove
Miami-Dade County
1,836 (approx)
A10809265
Active
Description
Fully remodeled desirable corner lot income producing Duplex plus Efficiency at the upcoming Upper East Side or MiMo area. High end Porcelain floors, Stainless steel appliances and quartz counter tops. High impact energy efficient windows. High efficiency appliances and toilets. One block to Biscayne Blvd. Walking distance to restaurants, shoppings, Bay, parks and few minutes driving to the beach. 7 minutes to Miami Design District. 15 minutes to MIA Airport. 15 minutes to Miami Beach. 3 Carport parking spaces plus plenty of free street parking. AAA tenants and Owner unit. NOI: $50,635.87.Cap Rate: 6.03% at asking price. 10-year Proforma Cap Rate: above 8%. Lot 7,540 sqft. Owner/Broker. Own a piece of this fast growing neighborhood!
Listing Information
Property Type: Duplex, 1 Story
7,540 Acres 1,836 (approx) 1950
1 Block,Brick
FEDERAL WAY AMD/Palm Grove
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Tile
Central Air
Electric Heating
Exterior / Lot Features
8 Parking Spaces, 0 Covered Parking Spaces, 8 Space(s)
Brick, Block
Open,Patio,Porch
Spanish Clay Tile
None
0104
Updated/Remodeled
Fence,Fruit Trees,Security/High Impact Doors,Lighting,Patio, < 1/4 Acre
Financial Considerations
$7,070
Cash,Conventional
Market Trends and Price History
Listing Price History

Miami Real Estate

Miami is located in Florida. Miami, Florida 33138 has a population of 450,829.

The median household income in Miami, Florida 33138 is $45,616. The median household income for the surrounding county is $43,804 compared to the national median of $50,013. The median age of people living in Miami 33138 is 40 years.

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