2722 SW 5th St Miami, FL 33135
West Flagler NeighborhoodEstimated payment $5,876/month
Highlights
- No HOA
- Central Air
- Heating Available
- Complete Impact Glass
- Fenced
- 1-Story Property
About This Home
Excellent investment opportunity in a very central location, just minutes from Downtown Miami and major employment centers. This fully rented duplex features two spacious units, each offering 2 bedrooms, 2 bathrooms, a large kitchen, and a separate in-unit laundry area. The property has been recently updated with a newer roof, impact windows, and updated interiors throughout. Strong rental income with long-term tenants in place: the front unit is leased at $2,900 per month through November 2026, and the back unit is leased at $3,000 per month through October 2026. Ideal for investors seeking a turnkey, income-producing property in a high-demand location.
Listing Agent
One Sotheby's International Realty License #3110009 Listed on: 01/27/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,491
Year Built
- Built in 1952
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 1,952 Sq Ft Home
- 1-Story Property
- Blinds
- Complete Impact Glass
Utilities
- Central Air
- Heating Available
Additional Features
- Exterior Lighting
- Fenced
Community Details
- No Home Owners Association
- 2 Units
- Carolina Heights Condos
- Carolina Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-41-04-017-0500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,103 | $536,896 | $288,750 | $248,146 |
| 2024 | $9,122 | $566,201 | $314,790 | $251,411 |
| 2023 | $9,122 | $406,773 | $228,256 | $178,517 |
| 2022 | $6,952 | $268,802 | $0 | $0 |
| 2021 | $6,249 | $244,366 | $0 | $0 |
| 2020 | $5,805 | $266,151 | $131,684 | $134,467 |
| 2019 | $5,480 | $259,196 | $131,684 | $127,512 |
| 2018 | $5,021 | $245,286 | $131,684 | $113,602 |
| 2017 | $4,493 | $166,907 | $0 | $0 |
| 2016 | $4,329 | $151,734 | $0 | $0 |
| 2015 | $4,001 | $137,940 | $0 | $0 |
| 2014 | $3,663 | $125,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2026 03/05/26 | Price Changed | $935,000 | -3.1% | $479 / Sq Ft | |
| 01/27/2026 01/27/26 | For Sale | $965,000 | +13.5% | $494 / Sq Ft | |
| 12/31/2023 12/31/23 | Sold | $850,000 | 0.0% | $435 / Sq Ft | View Prior Sale |
| 09/14/2023 09/14/23 | Price Changed | $850,000 | -14.7% | $435 / Sq Ft | |
| 05/08/2023 05/08/23 | Price Changed | $996,000 | -16.7% | $510 / Sq Ft | |
| 03/25/2023 03/25/23 | For Sale | $1,195,000 | -- | $612 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $845,000 | None Listed On Document | |
| Warranty Deed | $2,400,000 | Thomas L Harris Pa | |
| Quit Claim Deed | -- | Mark T Stern Pa | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $94,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $633,750 | New Conventional | |
| Previous Owner | $1,500,000 | New Conventional |
About the Listing Agent
As a Miami native with more than 20 years of luxury residential real estate experience, Silvia's local connections, global reach and market expertise are unparalleled.
Silvia is originally from Miami and grew up in Key Biscayne and later in Coral Gables – two of Miami's most exclusive communities. Today she specializes in luxury home sales in Coral Gables, South Miami, Pinecrest, Coconut Grove and Brickell.
“I enjoy real estate because it is a combination of finance, marketing,
Silvia's Other Listings
Source: MIAMI REALTORS® MLS
MLS Number: A11953583
APN: 01-4104-017-0500
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Ask me questions while you tour the home.