Multifamily Housing
1853 Northwest 5th Street Miami, FL 33125
Details & Description
Price: $600,000
    Distinct Pueblo style property on the West end of Little Havana within walking distance to Marlins Park. Four unit apartment building on a 7,500 SF lot. Waste is included in the taxes, individual electric, new roofs on the structures, there is ample parking for each unit as well. Solid opportunity for someone interested in renovating or revitalization of a 1920s structure and add- value to this multifamily income property. Within 10 minutes of Brickell and Downtown. Miami’s nationally recognized Little Havana neighborhood is known for its culturally-rich and colorful lifestyle. Great investment opportunity for those looking to take advantage of the overwhelming surge of growth and development in the area. Contact us now!
    Listing Agents
    Helen Hamilton

    HH@faustocommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1853 Northwest 5th Street

    Miami, FL 33125

    Listing ID: 214654
    • 1853 Northwest 5th Street Miami, FL 33125 | for Sale | Photo 1
    • 1853 Northwest 5th Street Miami, FL 33125 | for Sale | Photo 2
    • 1853 Northwest 5th Street Miami, FL 33125 | for Sale | Photo 3
    1853 Northwest 5th Street | for Sale | Thumbnail 1
    1853 Northwest 5th Street | for Sale | Thumbnail 2
    1853 Northwest 5th Street | for Sale | Thumbnail 3
    Building Size: 2,804 SF
    Lot Size: 0.172 AC
    Land Size: 7,500 SF
    Building $/SF: $213.98
    Land $/SF: $80.00
    Price
    $600,000
    Description

    Distinct Pueblo style property on the West end of Little Havana within walking distance to Marlins Park. Four unit apartment building on a 7,500 SF lot. Waste is included in the taxes, individual electric, new roofs on the structures, there is ample parking for each unit as well. Solid opportunity for someone interested in renovating or revitalization of a 1920s structure and add- value to this multifamily income property. Within 10 minutes of Brickell and Downtown. Miami’s nationally recognized Little Havana neighborhood is known for its culturally-rich and colorful lifestyle. Great investment opportunity for those looking to take advantage of the overwhelming surge of growth and development in the area. Contact us now!

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Miami History of Multifamily Housing for Sale

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    Miami Area Market Trends

    Listing Demographics for 1853 Northwest 5th Street Miami, FL 33125

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population63,815390,693718,523
    Population Median Age414141
    Population by Age0-9 Yrs7254 (11%)40756 (10%)78781 (10%)
    10-19 Yrs5982 (9%)32205 (8%)61338 (8%)
    20-29 Yrs7982 (12%)52872 (13%)90845 (12%)
    30-39 Yrs10896 (17%)69143 (17%)126576 (17%)
    40-49 Yrs8426 (13%)57884 (14%)106588 (14%)
    50-59 Yrs8498 (13%)51624 (13%)95714 (13%)
    60-69 Yrs6140 (9%)39225 (10%)73546 (10%)
    70+ Yrs8637 (13%)46983 (12%)85135 (11%)
    Median HH Income$25,602$43,372$51,124
    Total Household Income< 24K11404 (48%)51818 (32%)85053 (29%)
    25-49K6692 (28%)34744 (21%)58095 (19%)
    50-74K2774 (11%)21712 (13%)41506 (14%)
    75-99K1350 (5%)15437 (9%)29614 (10%)
    100-199K919 (3%)22377 (14%)45769 (15%)
    200K+136 (0%)12270 (7%)30603 (10%)
    Highest Education LevelNo Diploma167715936195461
    Diploma or GED1707178134128086
    Some College44343504866203
    Assoc. Degree24961919238878
    Bachelors Degree453159301117336
    Higher Degree16734616697733
    Total Housing Units25,319192,416358,125
    --Owner-Occupied3,08046,386102,026
    --Renter-Occupied20,197111,972188,615
    Owner-Occupied Values< 100K40734107538
    100-199K795599111690
    200-299K8771080021808
    300-399K532788414918
    400-499K28151709819
    500K+1871313136252
    Total Working Age Population53,200329,481600,632
    In Work Force30,095209,578385,770
    Not In Work Force23,105119,903214,861
    Workforce Employed28,287198,495364,446
    Workforce Unemployed1,80810,94420,944
    Civlian Workforce30,095209,439385,390
    Military Workforce0139380
    Total Households23,276158,358290,640
    Family Households13,50184,308155,614
    Non-Family Households9,77674,050135,027
    Married Couple7,25852,24398,590
    Other Family6,24332,06557,023
    Married w/Child3,00119,36236,251
    Single Male w/Child6632,9605,189
    Single Female w/Child2,02810,24918,293

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242
    Monroe County79,589-873,090+174,004074,301

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1853 Northwest 5th Street in Miami?
    The asking price for 1853 Northwest 5th Street is $600,000
    What is the building size of this Multifamily property in Miami, FL?
    The size of the building/unit at 1853 Northwest 5th Street in Miami is 2,804 square feet
    How much land does the Miami, FL property at 1853 Northwest 5th Street include?
    1853 Northwest 5th Street in Miami includes 0.172 acres of land
    What is the population within 1 mile of 1853 Northwest 5th Street in Miami?
    The population within 1 mile of 1853 Northwest 5th Street Miami, FL 33125 is 63,815 people.
    Who do I contact for questions about 1853 Northwest 5th Street?
    You should contact the listing agent, Helen Hamilton, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Miami International Airport (MIA) 4
    Fort Lauderdale Hollywood International Airport (FLL) 21
    Palm Beach International Airport (PBI) 63