GRANADA GROVES NO 3

5974 SW 5th Ter, Miami FL 33144

3,492 ft²

Closed

$3,325,000

44.57%

Est. Payment $17,697/mo

MLS Sheet Video

3,492

Sq. Ft.

1925

Year Built

Stories

Days on Market

Description

12 UNITS MULTI FAMILY BUILDING, GENERATES 7% CAP RATE, ITS TW0 2 BEDROOMS, 1 BATHROOMS UNITS, TEN 1 BEDROOMS, 1 BATHROOMS UNITS. PERFECT BUILDING FOR A 1031 EXCHANGE OR BUY AND HOLD BUILDING, BLOCKS AWAY FROM CORAL GABLES. BUILDING WAS RENEWED RESENTLY, WAS FENCED FOR PRIVACY. READY FOR THE RIGHT BUYER.

Facts

MLS#: A11560613
Subdivision: GRANADA GROVES NO 3
Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1925
Lot Size: 0 sqft
Sq. Ft.: 3,492 ft²
Sq. Mt.: 324 m²
Price per sq. ft.: $952/ft²
Price per sq. mt.: $10,262/m²
Stories: 2
Garage: —
Pool: —
Days on Market: 29 days
Listed: Apr 1, 2024
Last Updated: Jun 27, 2024
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/27/2024	Sold	$3,325,000
4/1/2024	Price change	$3,325,000+44.6%
4/1/2024	Listed for sale	$2,300,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5974 SW 5th Ter, Miami FL 33144Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

St. Andrew Catholic
PK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
St. Andrew Catholic School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
Top Notch Super Kids
PK,KG · private · 0.5 mi
Christ Lutheran School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.6 mi
Life Academy
1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.4 mi
Heritage Charter Academy of Cape Coral
KG,1,2,3,4,5,6,7,8 · charter · 1.7 mi
Sonrise Academy
PK,KG,1,3,4,5 · private · 1.7 mi
Young Explorers Early Learning Center
KG,1,2,3,4,5 · private · 1.8 mi
A Wee Promise Christian Preschool & School
PK,KG,1,2 · private · 1.9 mi
First Baptist Christian School
KG · private · 1.9 mi

Estimated Monthly Payment

$20,618/mo

Principal & Interest

$17,697

Property Tax

$2,771

Insurance

$150

HOA

Down Payment20% ($665,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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