Active · SingleFamilyResidence
$1,050,000
1236 NW 5th St, Miami, FL 33125
- Beds
- 2
- Baths
- 1
- Living area
- 930 sq ft
- $ / sq ft
- $1,129/sq ft
- Year built
- 1923
- Lot size
- 7,500 sq ft
- HOA fee
- —
- Annual tax
- $8,398
About this property
Charming property located in the heart of the Little Havana, the existing home is a single-story residence offered in As-Is condition, offering a prime opportunity for new construction under Miami 21 Urban Transect zoning (T5 AREA) presenting an excellent opportunity for MULTIFAMILY OR TOWNHOME development , Convenient access with 30 steps to the Marlins Stadium, access to Downtown Miami, major highways, and transit corridors Ideal for Investors, Builders, or Developers seeking high density redevelopment
Interior & exterior features
Cooling
- Other
Heating
- Central
Views
- None
Parking
- Covered
- Driveway
Interior features
- First Floor Entry
Exterior features
- None
Pool
- None
Flooring
- Hardwood
- Wood
roof
- Shingle
construction
- Frame
security
- Smoke Detectors
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,184
- Cap rate
- 3.2%
- Net yield
- 3.2%
- Cash-on-cash return
- -8.9%
- Gross yield
- 5.2%
- Mortgage payment
- $4,978/mo
- Down payment
- $262,500
- Loan amount
- $787,500
- Annual NOI
- $33,522
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.