Miami, FL 33127,5720 NW 3rd Ave
Miami, FL 33127,5720 NW 3rd Ave
Miami, FL 33127,5720 NW 3rd Ave
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$647,000
Est. payment /mo
1,690 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,690 sqft

Price per Sqft $382

Subdivision Buena Vista Gardens

MLS Listing ID A11841842

HOA Y/N No

Year Built 1985

Annual Tax Amount $9,731

Tax Year 2024

Property Sub-Type Duplex

Property Description

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

State FL

County Miami-dade

Community Buena Vista Gardens

Area 32

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Tar/Gravel

Total Parking Spaces 3

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-13-042-0012

Acceptable Financing Cash, Conventional, FHA, Other

Listing Terms Cash, Conventional, FHA, Other

Virtual Tour https://www.zillow.com/view-imx/ffe70511-80de-43f7-b57a-8c5921785796?setAttribution=mls&wl=true&initialViewType=pano


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Stratton Real Estate

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Stanislav Tyufyagin

Stanislav Tyufyagin

+1(727) 599-7188

Broker Associate | License ID: 3282976

Broker Associate License ID: 3282976

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5720 NW 3rd Ave