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Sold
Sold on May 22, 2024
5979 NW 37th St
$4,150,000
$3,850,000
0 Beds
0 Baths
5,508 sqft
12 Parkings
Lot size
-
Annual Tax
$25,228
Occupancy
Contact Agent
Year Built
1965
Property type
Multifamily
#MLS
A11463374
Description
12 Existing rental units already FULLY RENTED and 18 units approved by Miami-Dade to be built. Owner might finance 15 YEARS at 7%. This well maintained Income Property has excellent location, close to Doral, Miami Springs, 826 Hwy & Miami Inter Airport. Exclusive area of Virginia Gardens •Property contains 12 existing rental units for a Gross Income $213,600 - CAP 4.6% and have approved Project for 18 new units to start construction any time •This ideal package will allow a total of 30 units a Gross Income around $670,800 a total of 28,920 SF of rentable area •Lot:43,560' (One Acre) EXISTING 12 UNITS:•08 1 BED/1BATH/480'ft •04 STUDIO 390’ft. A PROJECTED OF 18 UNITS:•16-2 BED/2BATH/1,100’ft •02-3 BED/2 BATH/1,500'ft. For Showings and videos ask for Carlos
Lokation
Features & Details
Learn about the features and details of 5979 NW 37th St
Property Details
- Property TypeQuadruplex
- Living Area5,508 sqft
- Year Built1965
- Lot Size-
- Stories3 Stories
- Annual Tax$25,228.00
- List Date10/3/2023
- Updated7/15/2025
- Last CheckedRecent
- MLS Number#A11463374
- BrokerageLokation
- Postal Code33166
- AreaMiami-Dade County
- CityMiami
Additional Property Features
- OccupancyCallAgent
- List Price$4,150,000.00
- Unit Number-
- ConstructionBlock
- HeatingElectric
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningElectric
- ElevatorNo
- LockerNo
- Swimming PoolNone
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedWater
- FurnishedNo
- Assessment Year2022
- AssignmentNo
- Extras IncludedNone
- Virtual TourView virtual tour
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
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Mortgage Calculator
Estimate monthly payments for 5979 NW 37th St
$0
20.0%
$4,150,000
1%
5.25%
10%
Estimated Monthly Payment
$19,895
Cash Flow Analysis
Mortgage Payment:
$19,895.02
Monthly Payment:
$21,998.36
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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About this property
Discover this exceptional quadruplex in the heart of Virginia Gardens, Miami. This well-appointed property offers 5,508 square feet of living space. Originally built in 1965 in a 3-story building. Offered at $4,150,000.00 Utilities included: water. Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 5979 NW 37th St
5979 NW 37th St, MLS® A11463374 has a size of 5508 sqft.
There are bedrooms and bathrooms in this Multifamily at 5979 NW 37th St, MLS® A11463374.
Yes, there is parking available with 12 spot(s).
Annual taxes for this home are $25,228 based on 2022 tax year reports.
The monthly HOA fee covers water for the unit.
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.
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5979 NW 37th St