| MLS# A11560613 5974 SW 5th Ter 33144

Overview

Status: Pending

The real estate term "pending contract" means that someone has made an offer on the property and the seller has accepted. Typically contingent on a home inspection to the buyers satisfaction and financing. There could also be a home sale contingency which means the seller has an escape clause typically if another buyer comes along.
Parking No info
Size: 3,492 ft²/324.42 m²
Price Per: $952.18 ft²/$10,249.15 m²
Type: Multifamily
Built: 1925
HOA: No info
MLS Number: A11560613
View No info
On Site: 49 days
Updated: 3 Days Ago
Page Views: 0

12 UNITS MULTI FAMILY BUILDING, GENERATES 7% CAP RATE, ITS TW0 2 BEDROOMS, 1 BATHROOMS UNITS, TEN 1 BEDROOMS, 1 BATHROOMS UNITS. PERFECT BUILDING FOR A 1031 EXCHANGE OR BUY AND HOLD BUILDING, BLOCKS AWAY FROM CORAL GABLES. BUILDING WAS RENEWED RESENTLY, WAS FENCED FOR PRIVACY. READY FOR THE RIGHT BUYER.

Price History

Date	Event	Price	Change Rate	Price Per
04/01/2024	Price Increased	$3,325,000.00	44.6%	$952.18 ft²/$10,249.15 m²
04/01/2024	Listed	$2,300,000.00		$658.65 ft²/$7,089.63 m²

Features

Property Details for 5974 SW 5th Ter, Miami, FL 33144

Multifamily current status is Pending, 5974 SW 5th Ter is a Multifamily in , Miami, FL 33144 with property MLS ID# A11560613. This Multifamily has been listed on Best of Luxury Realty since April 01, 2024 and is currently priced at 3,325,000. This property was built in 1925.

Bedrooms
Bedrooms: No info
Bedroom Description: No info

Bathrooms
Full Bathrooms:
Half Bathrooms: No info
Master Bathroom Description: No info

Exterior and Lot Features
Exterior Features: Balcony, Fence, Lighting
View: No info

Interior, Heating and Cooling
Interior Features: No info
Appliances: No info
Heating Description: Central
Cooling Description: No info

School Information
Elementary School: No info
Middle School: No info
High School: No info

Other Property Info
Community Name: No info
Subdivision Name: GRANADA GROVES NO 3
Property Type: Multifamily
Property Subtype: Residential Income
Type of Association: Homeowners
Garage Spaces: No info
Listing Date: 04/01/2024
Area: 40
Brokered By: Paramount International Real Estate LLC

Taxes, Fees & More
Maintenance/HOA Fees: No info
Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $18,616.00 (2023)

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Area Specialist

Buyer/Tenant Etiquette

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Tracey Schmitt

Real Estate Advisor

Office: (305) 407-1657

Email: tracey@bestofluxuryrealty.com

Specialties:

Luxury Oceanfront Communities, Waterfront Single Family Homes

Memberships:

Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild

This property is courtesy of the Paramount International Real Estate LLC. This listing has been viewed 0 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Special Markers:

*Just Listed: New properties that came on the market within the last 15 days.
*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.