THIS PROPERTY IS IN THE HEART OF LITTLE HAVANA * 100% OCCUPIED. THIS PROPERT CONSIST OF TWO STRUCTURE A STAND ALONE TWO STORY 2 BEDROOM 1 BATH UNIT AND A FOUR UNIT BUILDING 3 EFFI AND 1 2BED/2BATH. TOTAL COLLECTED MONTHLY RENT IS $3,150.00. OWNER IS WILLI NG TO HOLD FINANCING WITH A MINIUM OF 40% DOWN PAYMENT
Multi-familyProperty Type
1926Year Built
6,780 sq ftLot Size
$856Est. Price/Sq.Ft.
Listed by Richard Capote• Mikon Real Estate, Inc.
•786-942-7041 (agent)
•richardcapote@mikonfinancial.com (agent)
•305-871-4778 (broker)
•pmc@mikonfinancial.com (broker)
Bought with Ingryd Moreno• Miami New Realty
•305-485-3100 (broker)
•manny@miaminewrealty.com (broker)
Source:MARMLS #A1909342
Redfin Estimate
$1,054,856
$335K since sold in June 2018
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 7.1% lower than the average sale price ($1.14M) of 6 comparable homes.
THIS PROPERTY IS IN THE HEART OF LITTLE HAVANA * 100% OCCUPIED. THIS PROPERT CONSIST OF TWO STRUCTURE A STAND ALONE TWO STORY 2 BEDROOM 1 BATH UNIT AND A FOUR UNIT BUILDING 3 EFFI AND 1 2BED/2BATH. TOTAL COLLECTED MONTHLY RENT IS $3,150.00. OWNER IS WILLI NG TO HOLD FINANCING WITH A MINIUM OF 40% DOWN PAYMENT
MARMLS #A1687746
Mar 30, 2013
Listing Removed
—
Sep 11, 2012
Listed
$349,900
$284/sq ft
Public Records
Aug 1, 2001
Sold
$199,000
$162/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$20,491 (+12.9%)
2024
$18,154 (+9.6%)
2023
$16,564 (+31.5%)
$576,300 + $155,554
$731,854
2022
$12,600 (+3.8%)
$576,300 + $155,554
$731,854
2021
$12,139 (+5.6%)
2020
$11,500 (+15.6%)
2019
$9,952 (+1.6%)
$271,200 + $123,816
$395,016
2018
$9,795 (−1.0%)
$271,200 + $123,859
$395,059
2017
$9,889 (+33.4%)
$271,200 + $123,859
$395,059
2016
$7,414 (+14.9%)
$271,200 + $123,903
$395,103
2015
$6,453 (+27.4%)
2014
$5,065 (+9.9%)
2013
$4,610 (+3.5%)
2012
$4,454 (+6.2%)
$74,580 + $56,443
$131,023
2011
$4,192
Tax history for 640 SW 5th St
Year
Property tax
Land + Additions
Assessment*
2025
$20,491 (+12.9%)
2024
$18,154 (+9.6%)
2023
$16,564 (+31.5%)
$576,300 + $155,554
$731,854
2022
$12,600 (+3.8%)
$576,300 + $155,554
$731,854
2021
$12,139 (+5.6%)
2020
$11,500 (+15.6%)
2019
$9,952 (+1.6%)
$271,200 + $123,816
$395,016
2018
$9,795 (−1.0%)
$271,200 + $123,859
$395,059
2017
$9,889 (+33.4%)
$271,200 + $123,859
$395,059
2016
$7,414 (+14.9%)
$271,200 + $123,903
$395,103
2015
$6,453 (+27.4%)
2014
$5,065 (+9.9%)
2013
$4,610 (+3.5%)
2012
$4,454 (+6.2%)
$74,580 + $56,443
$131,023
2011
$4,192
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
T4-R
General Urban Transect - Restricted Zone
The General Urban Zone consists of a Mixed-Use but primarily residential urban fabric with a range of Building types including rowhouses, small apartment Buildings, and bungalow courts. Setbacks are short with an urban Streetscape of wide Sidewalks and trees in planters. Thoroughfares typically define mediumsized blocks.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Property details
Exterior
Exterior Information
Construction Type: Frame/Stucco
Building Construction Quality: Above Average
Exterior Wall: Concrete Block/Stucco
Roof Covering Type: Bahama/Ceramic Tile/Blt-Up Tg
Roof Shape Type: Bahama/Ceramic Tile/Blt-Up Tar and Gravel
Building Type: Commercial
Property Information
Subdivision Name: DRUID COURT 2ND ADD
Living Sq. Ft: 1,232
Adjusted Gross Sq. Ft: 1,006
Building Sq. Ft: 1,232
# of Units: 5
# of Stories: 2
Legal Description: DRUID COURT 2ND ADD PB 7-3 LOT 1 BLK A LOT SIZE IRREGULAR OR 19812-2148 07 2001 1
Lot Information
# of Buildings: 2
Land Sq. Ft: 6,780
Legal Lot Number: 1
Legal Block Number: A
Municipality Name: MIAMI
Acres: 0.1556
Zoning Code: 3900
County Use Description: MF 2-9 UNIT:MF 3 OR MORE UNIT
State Use Description: MULTI-FAM LESS 10
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 1,232
Stories: 2.0
Lot Size: 6,780 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1926
Year Renovated: 1926
County: Miami-Dade County
APN: 0102030401010
Home facts updated by county records on Oct 14, 2026
Around this home
Schools
Riverside Elementary Community School
Public PreK-5 • Assigned • 0.5mi
3/10
Jose De Diego Middle School
Public 6-8 • Assigned • 2.6mi
3/10
Booker T. Washington Senior High School
Public 9-12 • Assigned • 1.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
8 days above 103° expected this year, 32 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Miami, FL • 33130
Average low and high temperatures (°F)
74
62
76
65
78
69
80
73
86
78
87
80
89
81
90
80
87
78
84
77
80
71
77
68
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.