6951 5th Court, MIAMI, FL 33150
  • MLS#: TB8405925 ( Residential Income )
  • Street Address: 6951 5th Court
  • Viewed: 1
  • Price: $649,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 0
  • Bedrooms: 7
  • Total Baths: 4
  • Days On Market: 7
  • Additional Information
  • Geolocation: 25.8387 / -80.2054
  • County: MIAMI DADE
  • City: MIAMI
  • Zipcode: 33150
  • Subdivision: 07th Ave Highlands
  • Provided by: RICHARD PETERS REALTY LLC
  • Contact: Ronald Ryder
  • 352-448-9712
  • mfrmls
  • DMCA Notice
  • Description
    Incredible Investment Opportunity! Oversized Triplex on Massive Lot in Prime Miami High Rental Potential with NO HOA! This is a rare chance to secure a versatile, income producing triplex on one of the largest lots in the neighborhoodperfect for a cash buyer investor looking for long term returns or a multi use setup with endless potential. Located on a quiet street in one of Miamis fastest developing areas, this property offers both immediate functionality and room to grow. Situated on a fully fenced, lushly landscaped lot, this unique setup features two large buildings divided into three separate units, each with its own private entrance, individual electric meters, and separate water meters. Previously used as an assisted living facility, the layout is ideal for multi generational living, long term rentals, or repurposing for specialized residential care. One unit has been beautifully renovated, showcasing luxury vinyl plank flooring, solid wood cabinets, white countertops, and a modern bathroom with marble look tile, rainfall showerhead, and upgraded vanity. The other two units are clean and fully functional, with light cosmetic updates offering the opportunity to maximize rental income quickly. Outside, the expansive lot features a long, wide driveway with ample off street parking, vibrant landscaping, and tons of space for lounging, storage, gardening, or even future additions. There's plenty of street parking, and the layout provides flexibility to expand or further optimize the property. Major capital improvements are already done: new roofs installed on all buildings in 2018, and A/C replaced the same year. Electrical and plumbing are in solid working order, giving you a reliable foundation to build on. Zoned for flexibility and with NO HOA restrictions, this is the ideal property for a cash investor looking to add value, generate immediate income, or hold as a long term appreciating asset. The location is just minutes from downtown, the airport, restaurants, and retailoffering both quiet residential appeal and easy access to Miamis core. Whether youre buying to rent, expand, or customize for multi family or specialty use, this property checks every box. Schedule your showing today and secure a rare, cash flow ready asset in the heart of Miami.
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Other
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Electric
  3. Ductless
Insurance Expense
  1. 0.00
Interior Features
  1. Other
Legal Description
  1. 7 AVE HIGHLANDS PB 14-13 S20FT OF LOT 16 & ALL OF LOTS 17 & 18 LESS R/W BLK 3 LOT 13202 SQ FT OR 20907-3739 12 2002 1
Living Area
  1. 2244.00
Area Major
  1. 99999 - Unknown
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 01-3113-024-0270
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 53
Utilities
  1. Other
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8405925
Water Source
  1. Public
Year Built
  1. 1947
Zoning Code
  1. 5700
Liked Listings
Headshot for Associate Krista Plagge
  1. Krista Plagge, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 813.285.1702
  4. krista@homeguidetampa.com