INVESTOR ALERT! IMMEDIATE CASH FLOW. CAPITAL RATE 10%, This rare 3-Bedroom / 2-Bathroom corner unit is a turnkey income machine in the heart of Little Havana. Currently generating $2,700/mo ($32,400/yr) with a reliable tenant in place. -Unlike typical 2-bedroom units in the area, this spacious 1,002 SQFT apartment offers a true 3rd bedroom-perfect for high-demand rentals or a "Zoom Room" home office. Top Features: - Low Overhead: Monthly maintenance is only $200 (includes Mantenaince/trash). - Modern Comforts: Central A/C, Washer & Dryer INSIDE the unit, and tile floors throughout. - Prime Layout: Large living/dining area, spacious closets, and a private balcony. - Convenience: 1 Assigned Parking Space + easy street parking. - Location, Location, Location: Walk Score of 86! Just blocks from the famous Calle Ocho, moments from Brickell/Downtown employment hubs, and LoanDepot Park (Marlins Stadium). Easy access to I-95. No Association Approval Required (Investor Friendly ). Do not disturb tenants. Showings by appointment only. PRICED TO SELL!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- BedroomOnMainLevel
- SecondFloorEntry
- LivingDiningRoom
- SplitBedrooms
- Flooring: Tile
- Window Features: DoubleHung, Metal
Appliances
- Dryer
- ElectricRange
- Microwave
- Refrigerator
- Washer
Heating and Cooling
- Cooling Features: CentralAir
Exterior and Lot Features
- Awnings
- Balcony
- Fencing: Wall
- Patio And Porch Features: Balcony, Open
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Parking Features: Assigned, Detached, Garage, OneSpace
Homeowners Association
- Association: Yes
- Association Fee: 200
- Association Fee Frequency: Monthly
- Association Fee Includes: CommonAreas, MaintenanceGrounds, Sewer, Trash
- Calculated Total Monthly Association Fees: 200
- Pets Allowed: NoPetRestrictions, Yes
- Senior Community: No
School Information
- Elementary School: Shenandoah
- High School: Miami Senior
- Middle School: Shenandoah
Multi-Unit Info
- Number of Units In Community: 4
Condo Info
- Unit Location: Corner Unit,Substantially Remodeled
Rental Info
Other Property Info
- Annual Tax Amount: 987
- City Region: LITTLE HAVANA
- Source Listing Status: Active
- County: Miami-Dade
- Directions: 1939 SW 5TH ST APT 4 MIAMI, FL 33135-3259
- Tax Year: 2024
- Restrictions: LimitedNumberVehicles, NoRestrictions, OkayToLease1stYear, OkToLease
- Ownership: Self Proprietor/Individual
- List Price Low: 330000
- Source Property Type: Residential
- Area: 41
- List Development Name: WESTWOOD
- Property Subtype: condo
- Source Neighborhood: LENA MANOR CONDO
- Parcel Number: 01-41-03-076-0040
- Postal City: Miami
- Postal Code Plus 4: 3259
- Public Survey Range: 41
- Public Survey Section: 3
- Public Survey Township: 1
- Subdivision: LENA MANOR CONDO
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1002
- Year Built: 1981
- Building Area Total: 1002
- Construction Materials: Block
- Direction Faces: South
- Entry Level: 2
- Entry Location: 2
- Living Area Source: Owner
- Property Age: 44
- Property Attached: Yes
- Property Condition: UpdatedRemodeled
- Building Total Stories: 2
- Year Built Details: Effective Year Built