Multifamily investment with 5 studio units, built with full city permits for 5U operation! Seize the explosive growth of the Miami Design District with this 100% leased property generating $90,600 annually and immediate cash flow. Located on vibrant 2nd Ave. in Buena Vista, just 0.7 miles from the Miami Design District, 0.5 miles from I-95, and near Wynwood, it ensures high tenant demand. The renovated studios include separate FPL meters and low-maintenance CBS construction. On 6,099 sq ft of land with T4-O zoning (residential, commercial, entertainment uses) and adjacent vacant parcels, it offers substantial development potential to maximize profitability.
Miami New Realty
Features & Details
Learn about the features and details of 5010 NW 2nd Ave
Property Details
Property Type
Quadruplex
Living Area
-
Year Built
1956
Lot Size
-
Stories
-
Annual Tax
$19,391.00
List Date
7/14/2025
Updated
7/26/2025
Last Checked
Recent
MLS Number
#A11839754
Brokerage
Miami New Realty
Postal Code
33127
Area
Miami-Dade
City
Miami
Additional Property Features
Occupancy
CallAgent
List Price
$1,156,000.00
Unit Number
-
Construction
Block
Heating
Electric
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Electric
Elevator
No
Locker
No
Swimming Pool
None
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
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Price history
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Mortgage Calculator
Estimate monthly payments for 5010 2nd Ave
$0
20.0%
$1,156,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$5,542
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Cash Flow Analysis
Mortgage Payment:
$5,541.84
Monthly Payment:
$7,157.76
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this impressive quadruplex in the heart of Miami. Originally built in 1956. Offered at $1,156,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.