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$4,150,000
$3,850,000
Sold

5979 NW 37th St,

Miami-Dade County

Sold on May 22, 2024

Quadruplex

MLS® # A11463374
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
5,508 sqft
Parkings
12
Maintenance Fees
$1
Annual Tax
$25,228

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 Type
    Quadruplex
  • Living Area
    5,508 sqft
  • Year Built
    1965
  • Lot Size
    -
  • Stories
    3 Stories
  • Annual Tax
    $25,228.00
  • List Date
    10/3/2023
  • Updated
    7/15/2025
  • Last Checked
    Recent
  • MLS Number
    #A11463374
  • Brokerage
    Lokation
  • Postal Code
    33166
  • Area
    Miami-Dade County
  • City
    Miami

Additional Property Features

  • Occupancy
    CallAgent
  • List Price
    $4,150,000.00
  • 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
    Water
  • Furnished
    No
  • Assessment Year
    2022
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 5979 NW 37th St

Virtual Tour

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Real estate trends

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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 impressive 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

Miami Association of REALTORS®
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