See Home Value
$807,597*
Multifamily - Off Market

5150 NW 2nd Ter

Miami, FL 33126
bedrooms
Studio
bathrooms
0 Bath
square feet
2075 Sqft
$720,000 - $878,000
Reference Base Price*
1.08%
Since Sep 1, 2023
FL-Miami
Primary Model

About This Property

Elegantly renovated, fully-occupied 3 unit cash cow property.  The original 3/2 single family house has been divided into two separate units, a 2/1 and a large 1/1, and there is a detached 1 bedroom apartment. All 3 units have full kitchens with washer/dryer combo in unit.  Too many upgrades to name including: impact windows throughout, updated plumbing and electrical, designer quality finishes in bathrooms and kitchens, new fence, sprinklers, tankless water heaters, etc. Great quality tenants are in place, but there's room to push rents higher ($2000-2200 a unit) in a Flagami neighborhood that is on the rise.

The manager has listed the unit size as 2075 square feet.
Unit Size
2,075Ft²
Days on Market
-
Land Size
-
Price per sqft
$385
Property Type
Multifamily
Property Taxes
$887
HOA Dues
-
Year Built
1949

Price History

Date / Event Date Event Price
Aug 11, 2023 Sold to Georgina Shelton $775,000
Sold to Georgina Shelton
Aug 3, 2023 No longer available -
No longer available
Jul 19, 2023 In contract -
In contract
Jan 6, 2023 Listed $799,000
Listed
Aug 16, 2021 Sold $625,000
Sold
Show More

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Block


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
1,612 ft²
$403/ft²
$649,000 Jul 18, 2023
-
$604/mo
Multifamily
Stu
-
1,276 ft²
$549/ft²
$700,000 Jun 30, 2023
-
$290/mo
House
5 Beds
4 Baths
2,111 ft²
$355/ft²
$749,000 May 19, 2023
-
$108/mo
House
3 Beds
2 Baths
1,818 ft²
$440/ft²
$800,000 Jun 4, 2023
-
$574/mo
House
4 Beds
2 Baths
1,726 ft²
$414/ft²
$715,000 May 7, 2023
-
$720/mo
House
4 Beds
3 Baths
1,502 ft²
$499/ft²
$750,000 Apr 21, 2023
-
$528/mo
House
4 Beds
2 Baths
1,590 ft²
$597/ft²
$950,000 Mar 28, 2023
-
$847/mo
House
3 Beds
2 Baths
1,410 ft²
$483/ft²
$681,500 May 27, 2023
-
$517/mo
House
3 Beds
2 Baths
1,370 ft²
$547/ft²
$750,000 Jun 17, 2023
-
$482/mo
House
2 Beds
2 Baths
1,283 ft²
$627/ft²
$805,000 Nov 11, 2022
-
$194/mo
House
5 Beds
4 Baths
2,880 ft²
$313/ft²
$900,000 Feb 5, 2023
-
$660/mo
House
2 Beds
2 Baths
1,276 ft²
$686/ft²
$875,000 Jun 14, 2023
-
$224/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190227
02/27/2019
3 Bed
2 Bath
2107 ft²
$450,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2107 ft²
-
-
-
Camila Arango
Luxe Properties

Building Info

5150 Northwest 2nd Terrace 5150 Northwest 2nd Terrace, Miami, FL 33126
  • 1 Unit for Sale
More about this Building
5150 Northwest 2nd Terrace
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About Western Miami


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