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6951 NW 5TH COURT

Multi-family Recently Sold
$510,000

BTC: 5.60439560

ETH: 167.21311475

Sold on: 2025-09-19
22 days
7 bds
2,244 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Incredible Investment Opportunity! Oversized Triplex on Massive Lot in Prime Miami – High Rental Potential with NO HOA! This is a rare chance to secure a versatile, income-producing triplex on one of the largest lots in the neighborhood—perfect for a cash buyer investor looking for long-term returns or a multi-use setup with endless potential. Located on a quiet street in one of Miami’s fastest-developing areas, this property offers both immediate functionality and room to grow. Situated on a fully fenced, lushly landscaped lot, this unique setup features two large buildings divided into three separate units, each with its own private entrance, individual electric meters, and separate water meters. Previously used as an assisted living facility, the layout is ideal for multi-generational living, long-term rentals, or repurposing for specialized residential care. One unit has been beautifully renovated, showcasing luxury vinyl plank flooring, solid wood cabinets, white countertops, and a modern bathroom with marble-look tile, rainfall showerhead, and upgraded vanity. The other two units are clean and fully functional, with light cosmetic updates offering the opportunity to maximize rental income quickly. Outside, the expansive lot features a long, wide driveway with ample off-street parking, vibrant landscaping, and tons of space for lounging, storage, gardening, or even future additions. There's plenty of street parking, and the layout provides flexibility to expand or further optimize the property. Major capital improvements are already done: new roofs installed on all buildings in 2018, and A/C replaced the same year. Electrical and plumbing are in solid working order, giving you a reliable foundation to build on. Zoned for flexibility and with NO HOA restrictions, this is the ideal property for a cash investor looking to add value, generate immediate income, or hold as a long-term appreciating asset. The location is just minutes from downtown, the airport, restaurants, and retail—offering both quiet residential appeal and easy access to Miami’s core. Whether you’re buying to rent, expand, or customize for multi-family or specialty use, this property checks every box. Schedule your showing today and secure a rare, cash-flow-ready asset in the heart of Miami.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1947
Lot:
0.31 Acres
Heating:
Central / Electric / Wall Units / Window Unit
Price/sqft:
$245
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Central

    • Electric

    • Wall Units / Window Unit

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 7

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 0131130240270

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Other

  • Other financial information

    • Annual tax amount: $7,322

  • Source details

    • MLS ID: TB8405925

    Other facts

    • Construction Materials: Stucco / Wood Siding

    • Foundation Details: Slab

    • Laundry Features: Other

    • Living Area: 2244

    • Water Source: Public

    • Lot Size Dimensions: 100 x 135

    • Subdivision Name: 07TH AVE HIGHLANDS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RICHARD PETERS REALTY LLC