Property Address 731 SW 5 ST 721 SW 5 ST 711 SW 5 ST 701 SW 5 ST

701 SW 5th Street presents a rare opportunity to acquire a 40-unit multifamily apartment community situated on approximately 30,000 SF of land in East Little Havana, one of Miami’s most strategically positioned and steadily evolving urban rental submarkets. The property consists of forty (40) spacious one-bedroom units across multiple structures and offers an attractive combination of scale, land value, and long-term investment potential in a supply-constrained location. Originally constructed in 1959, the property has been thoughtfully and extensively restored while preserving the character of its original architecture. Recent capital improvements include new roofs completed in May 2026 across three structures, updated electrical systems, terrazzo flooring on first-floor units, wood flooring on second-floor, and flat wood roof systems, positioning the asset for continued operational stability and reducing near-term capital expenditure requirements. The community is further supported by 35 on-site parking spaces in addition to abundant street parking, an increasingly valuable amenity within Miami’s urban core that enhances resident convenience and leasing competitiveness. Positioned in East Little Havana, the property benefits from immediate access to some of Miami’s largest employment and economic drivers. Residents enjoy efficient connectivity to Brickell, Downtown Miami, the Health District, and Miami International Airport, along with direct regional access via HWY 836 co