For sale
$1,650,000
Multifamily property
0.3 acres
5008-5010 Leonard BlvdLehigh Acres, FL 33973
Listing courtesy of The Cardenas Group Realty · MyStateMLS #11985338
For saleReduced $50,000 from $1,150,000Virtual tour
$1,100,000
0.19 acresBuilt 1948
47 Ne 80th TerMiami, FL 33138
Multifamily property (from the listing description) · MLS 11394577 · Listed 742 days ago (Oct 23, 2024)
Active: Listed and available according to the MyStateMLS feed.
About this property
A prime opportunity in a highly sought-after neighborhood! It's an income-producing multi-family investment with a cap rate of over 3%. Spread across an 8,300 square foot lot, this property is zoned T5-0, allowing for up to 12 units. Currently, all units are rented through Section 8, providing a steady income stream. The existing structure features 1 one bedroom and 4 studio apartments. Its central location offers easy access to the vibrant Design District, major expressways, and is conveniently situated near beautiful beaches and airports.
Description provided by the listing brokerage.
Key facts
- Asking price
- $1,100,000
- Original list price
- $1,150,000
- Status
- For sale
- Property type
- MultifamilyFrom the listing description
- Land area
- 0.19 acresSource field LotSizeSquareFeet
- Year built
- 1948
- MLS number
- 11394577
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $1,100,000
- Annual taxes
- $9,027
Building and site
- County
- Miami-Dade County
Virtual tours and video
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Miami or multifamily property in Miami.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "…neighborhood! it's an income-producing multi-family investment with a cap rate of over 3%. spread acro…")
- MLS property class detail. (PropertyTypeDetail: commercial)
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Price and status history
- Original list price reported by the brokerage: $1,150,000
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Guides
Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.
Listing last modified at the source Feb 21, 2025, 12:50 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 1:32 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.