528 Southwest 5th Avenue

Miami, FL 33130

Listing ID: 214759
$600,000
For Sale
  • Property Type Multifamily
  • Lot Size Acres 0.115
  • Building Sq Ft 3,474
  • Building Price per Sq Ft $172.71
  • Land Sq Ft 5,000
  • Land Price per Sq Ft $120.00
528 Southwest 5th Avenue - main image
528 Southwest 5th Avenue - alt image 2
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Description

A rare find, Bed and Breakfast licensed 11 unit apartment building in the Riverside or East Little Havana District. There is a conversion currently of some studios being joined to make larger 1 bedroom units, and some studios do share a bathroom. Just a few short blocks from Brickell and Calle Ocho. Tourism is growing in this culturally authentic neighborhood and for short- term rental operators or apartment managers this gives you flexibility to capitalize on this. Great investment opportunity for those looking to take advantage of the overwhelming surge of growth and development in the area. Rental market continues to grow, demand is strong. New retail along nearby Calle Ocho is drawing more appeal to this dynamic area. Contact us now!

Listing Demographics

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 Population74,655371,966675,090
Population Median Age394041
Population by Age0-9 Yrs6744 (9%)40195 (10%)73418 (10%)
10-19 Yrs4899 (6%)27450 (7%)53665 (7%)
20-29 Yrs13713 (18%)47446 (12%)84426 (12%)
30-39 Yrs15536 (20%)75985 (20%)125929 (18%)
40-49 Yrs10780 (14%)56188 (15%)101171 (14%)
50-59 Yrs9276 (12%)46902 (12%)88137 (13%)
60-69 Yrs6342 (8%)37138 (9%)68036 (10%)
70+ Yrs7365 (9%)40661 (10%)80308 (11%)
Median HH Income$46,891$55,119$53,193
Total Household Income< 24K11527 (33%)46704 (28%)82740 (28%)
25-49K6610 (19%)29700 (18%)55106 (19%)
50-74K4485 (12%)21254 (13%)40460 (14%)
75-99K3714 (10%)17906 (11%)29966 (10%)
100-199K5483 (15%)27593 (16%)46396 (16%)
200K+2839 (8%)19606 (12%)33000 (11%)
Highest Education LevelNo Diploma111024537583644
Diploma or GED1249861336113521
Some College62653319861627
Assoc. Degree35221755035578
Bachelors Degree1365067112120219
Higher Degree1151463291102163
Total Housing Units44,926208,020370,122
--Owner-Occupied6,70749,81597,409
--Renter-Occupied27,949112,949190,260
Owner-Occupied Values< 100K32234456687
100-199K59433479559
200-299K13961078019517
300-399K1109682913003
400-499K90352309538
500K+23832018539105
Total Working Age Population64,980313,054566,625
In Work Force43,883207,337369,042
Not In Work Force21,097105,717197,584
Workforce Employed41,855196,622349,346
Workforce Unemployed1,92510,51419,274
Civlian Workforce43,781207,135368,620
Military Workforce102201421
Total Households34,656162,763287,669
Family Households15,60579,904144,932
Non-Family Households19,05282,859142,737
Married Couple10,03053,77795,320
Other Family5,57426,12849,612
Married w/Child3,54020,45934,732
Single Male w/Child4832,9154,854
Single Female w/Child1,6158,25216,301

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

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.

Listing Location & Map Views
Listing Agent
More listings from Mauricio Villasuso
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