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$3,200,000
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Property Description
Rare opportunity to acquire a fully renovated 16-unit multifamily building in Miami's Little Havana. Blending modern upgrades with historic charm and a timeless facade, the property features a desirable unit mix on a 7,500 SF lot, oering immediate cash flow and long-term equity growth. A comprehensive 2024 renovation has already been completed, allowing a new owner to step into a fully stabilized, turnkey asset poised for immediate performance. The property is conveniently located steps away from Calle Ocho with simple access to major employment hubs, including Brickell, Downtown Miami, Port Miami, MIA, Allapatah, Hialeah, and Coral Gables.
Full Property Details
Full Property Details for 1029 SW 5th St
General
- Sold For: $3,200,000
- Taxes: $42,669
- Status: Closed
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A11924804
- Added to Site: 181 day(s) ago
Business
- Business Type: Residential-Multi-Family
Location
- County: Miami-Dade County
- Building Name: 1029 SW 5th St
Community
- Units Assoc/Comm: 8
Structural Information
- Detached/Attached: Detached
- Building Size: 9637
- Year Built: 1925
Unit Information
- Units in Complex: 8
Lot Features
- Lot Size (Sq. Ft.): 7,500
- Potential Use: Investment
- Zoning: 3900
Financial Considerations
- Tax Amount: $42,669
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 15 & 5.02FT OF LOT 4 BLK 24 LOT SIZE 7501 SQ FT OR 21159-0406 0303 6 COC 22613-4646 08 2004 1
- Property ID: 01-41-02-005-4300
Listed and Sold by Gridline Properties
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Schools
Schools serving 1029 SW 5th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Riverside Elementary Community School 1190 Southwest 2nd Street, Miami, FL 33130 | PK-5 | 0.2 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.6 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1029 SW 5th St
Date
Details
Price
Change
Source
4/07/2026
Sold
$3,200,000
-13.51%
MLS
12/03/2025
Listed
$3,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1029 SW 5th St, Miami, FL 33130 (MLS# A11924804) is a Commercial Multi-Family property that was sold at $3,200,000 on April 07, 2026. Want to learn more about 1029 SW 5th St? Do you have questions about finding other Commercial Multi-Family real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

