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Investment Highlights

  • Bayview, Rooftop, Serene, Park with boat ramp
  • Large Terraces, fenced backyard, Pool
  • Lots of Natural Lights, very private

Executive Summary

Water Views for this Beautiful Morningside Home 5465 Sf( 4700 SF under AC) -2-story modern open-plan Bayview Pool Villa of 5 beds/5 baths. Entrance and living areas are composed of 2 open sky courtyards with daylight and private landscaping. Second-floor master Suite of 1100sf with lounge, bar, washer/dryer, his & her dressing, 2 terraces with direct access to 3rd level roof terrace above with Pergola bar & SPA. Bay and City views. Hurricane impact windows, wood, marble flooring & vaulted ‘cathedral’ wood ceilings of main living, dining gallery, open kitchen with bar. Beautifully Landscaped 11,000sf Lot includes a 3500 SF rear garden pool terrace and covered 360 SF dining porch. 41 Acres Park, tennis, playground, & boat ramp.Serene location. 15 Min from Beaches & Airport. Great schools. Income Producing. Tenant Occupied until January 2025.SEE VIDEO

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $264,000 $48.31
Other Income - -
Vacancy Loss - -
Effective Gross Income $264,000 $48.31
Taxes $44,000 $8.05
Operating Expenses $4,680 $0.86
Total Expenses $48,680 $8.91
Net Operating Income $215,320 $39.40

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $264,000
Annual Per SF $48.31
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $264,000
Annual Per SF $48.31
Taxes
Annual $44,000
Annual Per SF $8.05
Operating Expenses
Annual $4,680
Annual Per SF $0.86
Total Expenses
Annual $48,680
Annual Per SF $8.91
Net Operating Income
Annual $215,320
Annual Per SF $39.40

Property Facts

Price $6,450,000
Price Per SF $1,180.24
Sale Type Investment
Cap Rate 3.10%
Property Type Specialty
Property Subtype
Residential Income
  • General Retail Freestanding
Lot Size 0.25 AC
Building Size 5,465 SF
No. Stories 2
Year Built/Renovated 1972/2020
Parking Ratio 0.55/1,000 SF
Zoning Residential - Residential
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
01-3218-031-0670
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,321,943
Annual Taxes
$44,000 ($8.05/SF)
Tax Year
2025
  • Listing ID: 29410108

  • Date on Market: 8/31/2023

  • Last Updated:

  • Address: 5910 N Bayshore Dr, Miami, FL 33137

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