Multi-Family $ 800,000

5925 SW 64th St

South Miami, FL 33143

  • 1,144 SqFt
  • 1947 Year Built
Prime investment opportunity in the heart of South Miami, just 3 blocks from the University of Miami and minutes from Downtown South Miami and the redevelopment of Sunset Place. Situated on a 6,300 SF lot, this duplex offers immediate income and significant upside. The property consists of a rented 1-bedroom, 1-bath unit currently generating $2,000/month, along with a vacant 2-bedroom, 1-bath unit—ideal for an owner-user, value-add investor, or lease-up strategy at market rents. The property features a new roof and updated plumbing, reducing near-term capital expenditures. Additionally, the property is equipped with two separate water meters and two electrical meters, allowing for efficient management and future flexibility. With multifamily zoning in place allowing you to build more units. This is a prime opportunity for investors and developers looking to capitalize on a high-demand rental corridor. The lot accommodates approximately 9–10 parking spaces, adding significant value for future multifamily development .Positioned near the University of Miami, Coral Gables, and major transit routes, this location consistently drives strong rental demand. Whether you're looking to stabilize and increase cash flow or redevelop into a higher-density asset, this is a rare opportunity in one of Miami's most supply-constrained markets. Need 24 hour notice to show ,
Listed by Douglas Elliman

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 144 sqft

    Price per Sqft $699

    Subdivision Stormproof Sub

    MLS Listing ID A12010002

    HOA Y/N No

    Year Built 1947

    Annual Tax Amount $4,264

    Tax Year 2025

    Property Sub-Type Duplex

  • Location

    State FL

    County Miami-dade

    Community Stormproof Sub

    Area 40

  • Building

    Lot Description 1/4 to 1/2 Acre Lot

    Story 1

    Sewer Septic Tank

    Water Public

    Level or Stories One

    Structure Type Block

  • Interior

    Heating Central, Electric

    Cooling Central Air, Electric

    Flooring Ceramic Tile

    Window Features Casement Window(s)

  • Exterior

    Exterior Feature Deck, Fence, Lighting

    Pool None

    Utilities Available Cable Available

    Roof Type Composition,Tar/Gravel

    Porch Deck

    Total Parking Spaces 10

    Private Pool No

  • Others

    Tax ID 09-40-25-034-0220

    Acceptable Financing Cash, Conventional, FHA, VA Loan

    Listing Terms Cash, Conventional, FHA, VA Loan

    Special Listing Condition Listed As-Is

    Virtual Tour https://www.propertypanorama.com/instaview/mia/A12010002

CONTACT

Mario Chirino I Solis Chirino Group
Mario Chirino I Solis Chirino Group

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