by RH Advisors

Check Availability
$650,000
Land - For Sale

2020 SW 5th St

Miami, FL 33135
bedrooms
Studio
bathrooms
0 Bath
$3,915
Estimated Monthly
$0
HOA / Fees
1.20%
Cap Rate

About This Property

"Investment Opportunity in West Shenandoah - Multifamily Lot with T4-R-General Zoning

Explore this prime investment opportunity! This multifamily lot in West Shenandoah, featuring T4-R-General zoning, offers vast potential for development, allowing the construction of up to 5 units. With a generous 6,900 sq ft, this property provides ample space to bring your multifamily project to life. Take advantage of the thriving West Shenandoah real estate market and envision the possibilities for a successful multifamily venture within the T4-R-General zone. Contact us for more details and to discuss the potential of this multifamily lot in the heart of West Shenandoah."
Unit Size
-
Days on Market
91 days
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$723
HOA Dues
-
Year Built
-
Listed By
Marco Ramirez
Avanti Way Realty LLC
Last updated: 3 months ago (Miami MLS #A11532158)

Price History

Date / Event Date Event Price
Feb 13, 2024 Listed by Avanti Way Realty $650,000
Listed by Avanti Way Realty
"Investment Opportunity in West Shenandoah - Multifamily Lot with T4-R-General Zoning Explore this prime investment opportunity! This multifamily lot in West Shenandoah, featuring T4-R-General zoning, offers vast potential for development, allowing the construction of up to 5 units. With a generous 6,900 sq ft, this property provides ample space to bring your multifamily project to life. Take advantage of the thriving West Shenandoah real estate market and envision the possibilities for a…
Jan 29, 2024 Listed by Avanti Way Realty LLC $650,000
Listed by Avanti Way Realty LLC
Jun 2, 2023 No longer available -
No longer available
Jun 1, 2023 Relisted $550,000
Relisted
Apr 7, 2023 No longer available -
No longer available
Show More

Property Highlights

Exterior Details

Building Information

Building Name: WEST SHENANDOAH
Other Structures: Run Down
Building Area Units: Square Feet

Lot Information

Lot Features: Less Than 1/4 Acre Lot, Cleared, Fenced, Street Lights
Lot Size Units: Square Feet
Lot Size Acres: 0.1585
Lot Size Square Feet: 6900
Lot Size Dimensions: 50x137
Financial Details
Tax Legal Description: WEST SHENANDOAH PB 9-130 LOT 6 BLK 3 LOT SIZE 6900 SQUARE FEET OR 18605-4118 1098 1 COC 24808-1515 07 2006 4
Tax Annual Amount: $8,673
Tax Year: 2023
Parcel Number: 01-41-03-016-0250
Property is Zoned: 3900

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,900
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: WEST SHENANDOAH
  • Land Acres: 0.158
  • Legal Description 1: WEST SHENANDOAH PB 9-130 LOT 6 BLK 3 LOT SIZE 6900 SQUARE FEET OR 18605-4118 1098 1 COC 24808-1515 07 2006 4

Ownership

  • Current Owner : 2020 SW LLC
  • Previous Owner : SANTIS INVESTMENTS LLC
  • Owner Before Previous Owner: 2020 LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005410

Zoning

  • Zoning: 3900

Geography

  • Assessors Map Reference: 239
  • District: 01
  • Parcel: 01-4103-016-0250
  • Block: 3
  • Lot: 6
  • Meridian: SEC 03 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7679
  • Longitude: -80.2281

    Address

  • Full Address: 2020 Sw 5th St
  • Address - House Number: 2020
  • Street Direction: SW
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C012
  • 4-Digit Zip Code: 3204
  • Zip Code: 33135

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,673
  • Tax Rate Code Area: 100

    Market Valuation

  • Market Total Value: $517,500
  • Market Land Value: $517,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,705

    Sales

  • Current Sale Contract Date: May 16, 2017
  • Current Sale Recording Date: May 18, 2017
  • Current Sale Transaction ID: 1814031148
  • Current Sale Price: $249,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2017R0281039
  • Previous Sale Recording Date: Jul 21, 2014
  • Previous Sale Contract Date: Jul 18, 2014
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$590,000 Dec 18, 2023
$590,000 Feb 14, 2024
$1,019/mo
Other
Loft
-
1,613 ft²
$267/ft²
$430,000 May 31, 2023
$430,000 Oct 26, 2023
$525/mo
Multifamily
Stu
-
2,175 ft²
$326/ft²
$710,000 Aug 8, 2023
$710,000 Sep 20, 2023
$643/mo
Multifamily
Stu
-
1,897 ft²
$372/ft²
$705,000 Jun 15, 2023
$705,000 Aug 18, 2023
$787/mo
Multifamily
Stu
-
1,746 ft²
$324/ft²
$565,000 Jun 26, 2023
$565,000 Oct 25, 2023
$675/mo
Multifamily
Stu
-
2,119 ft²
$340/ft²
$720,000 Jul 7, 2023
$720,000 Nov 15, 2023
$359/mo
Land
Loft
-
-
$650,000 Feb 13, 2024
-
$723/mo
Land
Loft
-
-
$575,000 Jan 24, 2024
-
$358/mo
Land
Loft
-
-
$750,000 Jan 17, 2024
-
$758/mo
Other
Loft
-
2,282 ft²
$296/ft²
$675,000 Jan 30, 2024
-
$656/mo
Other
Loft
-
2,910 ft²
$216/ft²
$630,000 Nov 24, 2023
-
$777/mo
Other
Loft
-
-
$650,000 Dec 19, 2023
-
$679/mo

About Western Miami


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Frequently Asked Questions

When was property at 2020 Southwest 5th Street built and last sold?
The property at 2020 Southwest 5th Street was built in and last sold on May 16, 2017 for $249,000.
How much is this home worth?
The estimated value of the home located at 2020 Southwest 5th Street is $656,500.
What are some comparable homes to 2020 Southwest 5th Street?
Homes that are comparable to 2020 Southwest 5th Street include a land property at 2020 Southwest 5th Street, 209 Northwest 17th Place, 975 Southwest 15th Avenue.

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