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340 SW 5th Ave
Miami, FL 33130
Villa Sonia · Multifamily Property For Sale
·
29 Units
PROPERTY FACTS
| No. Units | 29 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 13,170 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1929 |
| Zoning | TR-4, Miami | ||
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 13,170 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1929 |
| Zoning | TR-4, Miami |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Trash Pickup - Curbside
ABOUT 340 SW 5TH AVE , MIAMI, FL 33130
Located in LITTLE HAVANA, one of South Florida's hottest sub markets, this Multi Family 29 Unit 3 Story Building is centrally located minutes from I-95, UofM / Jackson Medical Centers & Hospitals, Downtown, Brickell, the Port of Miami, Miami River, Marlins Stadium, a short walk to Calle Ocho and so much more. Little Havana is one of the preferred areas for residents to live in and it is a strong no-vacancy commercial residential market. This property is currently under contract with HUD for the next year as a Section 8 Property and Investors looking to separate from the existing structure are encouraged to continue the contract for 1 year after Closing. It has great potential for gradual rental increases with the proper transition. 29 Studio 1 Bathroom Units.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 29 | - | 600 - 700 |
PROPERTY TAXES
| Parcel Number | 01-0202-050-1240 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,800,090 |
PROPERTY TAXES
