14399 NE 5th Pl

North Miami, FL
$ 1,499,999 Beds 0 Baths 0 Sq 4,031 Virtual Tour
Monthly Estimate* How much can I afford?

A rare find, an amazing eight unit building which is being fully remodeled. Owner spared no expense to make it perfect. All units have impact windows and doors, new roof was just installed, all units feature new kitchen cabinets, new bathroom cabinets, new plumbing, and new electrical. Each unit has its own electric meter. All units are tiled throughout. One assigned parking space per unit. All units are currently under lease contracts collecting $1100 each per month. Building brings a total of 8800 a month with a 5.8 % cap rate. Building is approximately 30 days from completion. A 40 year certification will be provided as well.

Contingent

  • Price
  • $ 1,499,999
  • Lot Size
  • 11,326 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,031
  • Full Bathrooms
  • 0
  • Year Built
  • 1961
  • Half Bathrooms
  • 0
  • City, Zip
  • North Miami
  • Taxes
  • $ 8744
  • County
  • MIAMI-DADE
  • Style
  • MultiFamily
  • Area
  • 22
  • MLS#
  • A11102760
  • Zip
  • 33161
Listing Provided by: Earth Realty Group
Data Source: Southeast Florida MLS (SEFMLS)

Features

General

City North Miami
Construction Materials Block
Contingency Pending Inspections
Cooling WallWindowUnits
County Miami-Dade County
Days on Market 49
Disclosures OwnerIsListingAgent, SellerDisclosure
Energy Efficient Windows
Flooring CeramicTile
Heating WindowUnit, WallFurnace
Lot Size Square Feet 11325.0
MLS Area 22
Occupant Type CallAgent
Possession ClosingFunding
Property Sub Type Additional MultiFamily
Property SubType MultiFamily
Property Type CommercialSale
Roof Shingle
Sewer Other
Standard Status ActiveUnderContract
Status ActiveUnderContract
Street Name 5th Pl
Structure Type Apartment
Tax Annual Amount 8744.0
Tax Year 2020
Tenant Pays Electricity
Terms Cash, Conventional
Total Units 8
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11102760
Year Built 1961
Zoning Description 3800

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Building Area Total 4031.0
Covered Spaces 0.0
Lot Size Acres 0.26
Lot Size Area 11325.0
Lot Size Units SquareFeet
Parking Features Assigned
Road Frontage Type CityStreet
Total Parking 8.0
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Miami, FL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/24/2021 Listed $1,499,999

Property vs Zip Code Average in 33161

Price
AVG $600K
$1.5M
Taxes
AVG $4,571
$8,744
Visits
AVG 61
36
Year Built
AVG 1957
1961
Walkscore
AVG 59
45
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

14399 NE 5th Pl North Miami, FL is a Single Family Home for sale at $1499999 with 4031 sqft and a lot size of 11,326 SqFt Acre(s). 14399 NE 5th Pl North Miami has 0 bedrooms, 0 baths and was built in 1961. The property's zip code is 33161 which is in North Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.