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5720 NW 3rd Ave, Miami FL 33127

Multi-family Recently Sold
$605,000

BTC: 6.96603339

ETH: 302.50000000

Sold on: 2025-11-06
97 days
0 room(s)
1,690 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

6% CAP RATE & GROWING, OPPORTUNITY ZONE, NO FLOOD ZONE. Turn-key duplex 2/1 + 2/1 generating $4,300/month in rental income, with tenants covering all utilities (electric, water, landscaping), for minimal owner expenses. Built with solid CBS block construction (1986), the property boasts an updated roof and brand-new central A/C systems (2023) in both units, plus in-unit laundry for tenant convenience. Sitting on a 6,250 SF lot east of I-95, this property is perfectly positioned for rapid appreciation and sustained rental demand. Only minutes from Wynwood, the Design District, and Midtown, it combines strong cash flow with prime location upside. An excellent investment for buyers seeking steady income today and long-term growth tomorrow. DO NOT DISTURB TENANTS

Location

Florida • Miami • 33127 • Multi-family • Recently Sold

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1985
Lot:
No Data
Heating:
Central
Price/sqft:
$383
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-31-13-042-0012

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $9,731

  • Source details

    • MLS ID: A11841842

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 1690

    • Subdivision Name: BUENA VISTA GARDENS

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Miami Association of REALTORS®. 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: Stratton Real Estate