440 SW 5th Ave Miami, FL 33130
Riverside NeighborhoodEstimated payment $23,801/month
Highlights
- No HOA
- Central Heating and Cooling System
- 4-minute walk to Jose Marti Park
- Tile Flooring
About This Home
FAB. 18 UNIT OLD SPANISH STYLE BUILDING, MINUTES FROM DOWN TOWN MIAMI AND WITHIN WALKING DISTANCE FROM BRICKELL.BUILDING. WAS TOTALLY RENOVATED IN 2010. ROOF WAS REDONE IN 2006 AND AGAIN IN 2020. SEVERAL OF THE AC UNITS AND APPLIANCES HAVE BEEN REPLACED SINCE . GREAT RENTAL INCOME PLUS $3600 IN LAUNDRY RECEIPTS. PLEASE TO NOT DISTURBED TENANT. 50 YEAR PLUS RE-CERTIFICATION COMPLETED IN JULY 2025 .WILL SHOW AFTER A SIGNED LETTER OF INTENT OR CONTRACT. SEE ATTACHMENT FOR MORE INFO.
Listing Agent
Florida Home Sales and Invest. License #0648821 Listed on: 08/23/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $45,766
Year Built
- Built in 1925
Parking
- 9 Parking Spaces
Home Design
- Quadruplex
- Concrete Block And Stucco Construction
Interior Spaces
- 12,825 Sq Ft Home
- 3-Story Property
- Tile Flooring
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Rent includes trash collection, water
- Assessor Parcel Number 01-02-03-000-1220
Community Details
Overview
- No Home Owners Association
- City Of Miami South Condos
- City Of Miami South Subdivision
Building Details
- Operating Expense $87,259
- Net Operating Income $251,180
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 | $53,039 | $2,867,700 | -- | -- |
| 2024 | $48,719 | $2,607,000 | -- | -- |
| 2023 | $48,719 | $2,370,000 | $425,000 | $1,945,000 |
| 2022 | $45,766 | $2,220,000 | $300,000 | $1,920,000 |
| 2021 | $44,193 | $2,080,000 | $300,000 | $1,780,000 |
| 2020 | $41,778 | $1,990,000 | $300,000 | $1,690,000 |
| 2019 | $38,330 | $1,846,000 | $200,000 | $1,646,000 |
| 2018 | $34,655 | $1,750,000 | $200,000 | $1,550,000 |
| 2017 | $31,006 | $1,463,000 | $0 | $0 |
| 2016 | $29,028 | $1,330,000 | $0 | $0 |
| 2015 | $27,794 | $1,250,000 | $0 | $0 |
| 2014 | $28,348 | $1,250,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | Price Changed | $3,849,000 | -2.6% | $300 / Sq Ft |
| 11/10/2025 11/10/25 | For Sale | $3,950,000 | 0.0% | $308 / Sq Ft |
| 09/03/2025 09/03/25 | Pending | -- | -- | -- |
| 09/02/2025 09/02/25 | Off Market | $3,950,000 | -- | -- |
| 04/16/2025 04/16/25 | For Sale | $3,950,000 | 0.0% | $308 / Sq Ft |
| 05/24/2024 05/24/24 | Off Market | $3,950,000 | -- | -- |
| 05/08/2024 05/08/24 | For Sale | $3,950,000 | 0.0% | $308 / Sq Ft |
| 10/31/2023 10/31/23 | Off Market | $3,950,000 | -- | -- |
| 10/31/2023 10/31/23 | Pending | -- | -- | -- |
| 08/24/2023 08/24/23 | For Sale | $3,950,000 | 0.0% | $308 / Sq Ft |
| 11/09/2013 11/09/13 | Rented | $1,100 | 0.0% | -- |
| 11/09/2013 11/09/13 | For Rent | $1,100 | -- | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11441503
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