Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

763 SW 5th St 9 Unit Apartment Building $2,925,000 ($325,000/Unit) Miami, FL 33130

Matterport 3D Tour

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Newer construction, built in 2009.
  • All units have washer/dryer.
  • Walking distance to schools, parks, and Calle Ocho, just minutes from the Brickell area and Downtown Miami.
  • Excellent unit mix of 89% two-bedroom 1.5 bathroom units.
  • 14 total parking spaces (six covered /eight surface).

EXECUTIVE SUMMARY

MSP Group is pleased to have been appointed the exclusive broker for Seas Apartments, located at 763 SW 5th Street in Miami’s East Little Havana. The offering offers investors a rare opportunity to acquire a more recently constructed multifamily asset in one of the city’s most dynamic neighborhoods. Built in 2009, the property consists of nine (9) total units, including eight (8) spacious two-bedroom, one-and-a-half-bathroom residences and one (1) one-bedroom, one-and-a-half-bathroom unit. Each apartment is thoughtfully designed with modern conveniences such as tile floors, in-unit washer and dryers, and multiple private balconies, enhancing tenant appeal and long-term rental stability. Complementing the residential experience are 10 total parking spaces, six (6) covered spaces, and four (4) surface spaces, providing a distinct advantage in a submarket where private, dedicated parking is limited.

Strategically located, the property offers proximity to Miami’s financial powerhouse, Brickell Avenue, and the vibrant cultural destination of Calle Ocho. Tenants enjoy a neighborhood rich with art galleries, dining, and entertainment while being just minutes from major employment centers, downtown Miami, and key transit corridors. This blend of lifestyle convenience and accessibility makes the property an attractive rental option for young professionals and families.

From an investment standpoint, 763 SW 5th Street is a compelling opportunity to own a modern multifamily asset in a high-demand urban core. Miami’s economy continues to demonstrate exceptional resilience and long-term growth, driven by population influx, international investment, and its position as a global gateway city. Multifamily assets remain particularly attractive as both a hedge against inflation and a reliable source of cash flow. With its newer construction, prime location, and tenant-friendly features, this stable property offers investors immediate income and durable long-term value in one of the nation’s strongest rental markets.

MATTERPORT 3D TOUR

Two-Bedroom, Two-Bathroom Unit - Matterport 3D Tour

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $270,000 $25.55
Other Income - -
Vacancy Loss $13,500 $1.28
Effective Gross Income $256,500 $24.27
Taxes $45,003 $4.26
Operating Expenses $28,454 $2.69
Total Expenses $73,457 $6.95
Net Operating Income $183,043 $17.32

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $270,000
Annual Per SF $25.55
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $13,500
Annual Per SF $1.28
Effective Gross Income
Annual $256,500
Annual Per SF $24.27
Taxes
Annual $45,003
Annual Per SF $4.26
Operating Expenses
Annual $28,454
Annual Per SF $2.69
Total Expenses
Annual $73,457
Annual Per SF $6.95
Net Operating Income
Annual $183,043
Annual Per SF $17.32

PROPERTY FACTS

Price $2,925,000
Price Per Unit $325,000
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.17 AC
Building Size 10,568 SF
Average Occupancy 100%
No. Stories 3
Year Built 2009
Parking Ratio 1.32/1,000 SF
Zoning T4 R - A transect zone for low-density multifamily residential use.

AMENITIES

UNIT AMENITIES

  • Air Conditioning

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 $1,700 750
2+1.5 8 $1,938 1,158
Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-0203-020-1130
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,319,617
Annual Taxes
$45,003 ($4.26/SF)
Tax Year
2025
  • Listing ID: 37770564

  • Date on Market: 9/22/2025

  • Last Updated:

  • Address: 763 SW 5th St, Miami, FL 33130

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}