See Home Value
$1,049,742*
Multifamily - Off Market

6601 NE 5th Ave

Miami, FL 33138
bedrooms
Studio
bathrooms
0 Bath
square feet
2708 Sqft
$540,000 - $658,000
Reference Base Price*
75.25%
Since Aug 1, 2019
FL-Miami
Primary Model

About This Property

Large Multifamily in highly sought after Palm Grove in the Upper Eastside! 3 Unit Total. Unit 1 has 2 bedrooms plus a bonus den that can be a 3rd bedroom as well as updated windows. Unit 2 has a newer kitchen and all three units have new plumbing and updated electrical. The property has a separate laundry room shared by all three units as well as gated covered parking. There are two large open patio areas with two covered areas that can be shared by all Tenants or kept separate on either side of the property for corner units. Entire property gated and fenced. Rents currently under market value but can be raised for a projected Cap Rate of 7%. No Flood Insurance Required! Easy to Show!

The manager has listed the unit size as 2708 square feet.
Unit Size
2,708Ft²
Days on Market
-
Land Size
-
Price per sqft
$221
Property Type
Multifamily
Property Taxes
$290
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Jun 6, 2023 Sold to Patrick E Barry $720,000
Sold to Patrick E Barry
Jul 6, 2019 Relisted $599,000
Relisted
Jul 5, 2019 No longer available -
No longer available
Feb 1, 2019 Listed $599,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
1,376 ft²
$392/ft²
$540,000 Jan 12, 2023
-
$403/mo
Condo
Stu
1 Bath
1,363 ft²
$440/ft²
$600,000 Feb 28, 2023
-
$1,493/mo
House
5 Beds
2 Baths
2,055 ft²
$292/ft²
$600,000 May 17, 2021
-
$498/mo
House
3 Beds
2 Baths
2,100 ft²
$309/ft²
$649,900 Aug 17, 2018
-
-
Condo
2 Beds
2.5 Baths
1,763 ft²
$340/ft²
$600,000 Mar 28, 2023
-
$2,620/mo
Condo
2 Beds
2.5 Baths
1,763 ft²
$303/ft²
$535,000 Nov 12, 2022
-
$2,841/mo
House
2 Beds
2 Baths
1,649 ft²
$354/ft²
$584,000 Mar 29, 2023
-
$525/mo
Condo
2 Beds
2.5 Baths
1,506 ft²
$432/ft²
$650,000 Jan 21, 2022
-
$597/mo
Condo
2 Beds
2.5 Baths
1,382 ft²
$387/ft²
$535,000 Mar 21, 2023
-
$1,379/mo
Condo
2 Beds
2 Baths
1,316 ft²
$418/ft²
$550,000 Jan 13, 2023
-
$1,729/mo
Land
Loft
-
-
$570,000 Mar 25, 2023
-
$466/mo
Land
Loft
-
-
$569,000 Sep 19, 2022
-
$285/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190201
02/01/2019
5 Bed
3 Bath
2708 ft²
$599,000
bedrooms
5 Bed
bathrooms
3 Bath
square feet
2708 ft²
-
-
-
Jack Coden
Keller Williams Eagle Realty

Building Info

6601 Northeast 5th Avenue 6601 Northeast 5th Avenue, Miami, FL 33138
  • 1 Unit for Sale
More about this Building
6601 Northeast 5th Avenue
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About Northern Miami


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