12108 5Th AveNorth Miami, FL 33161

Property Details for 12108 5Th Ave

Year built

1950

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This impeccably renovated fourplex in desirable North Miami presents a compelling investment opportunity. Built in 1950, this single-story building is located at 12108 NE 5th Ave, North Miami, FL 33161, within Miami-Dade County. Priced at $949,999, the property offers immediate and steady rental income. Its prime location provides easy access to major highways and a short commute to Wynwood, South Beach, and Miami Beach (approximately 20 minutes). The property features a gated entrance, a large terrace ideal for outdoor gatherings, and a well-maintained garden area. A shared laundry facility with washers and dryers is conveniently located on the premises for tenant use. Each unit boasts its own private entrance and a concrete deck, enhancing tenant privacy and comfort. The seller is highly motivated, making this a particularly attractive proposition for investors seeking a multifamily property with potential for expansion and strong rental returns. The property's excellent curb appeal and modern updates contribute to its high desirability and potential for long-term profitability. This is a rare opportunity to acquire a well-maintained, income-producing asset in a thriving South Florida location.

Location Insight

City

North Miami

County

Miami-Dade

State

Florida

Latitude

25.887

Longitude

-80.1891

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