This duplex presents a compelling value-add opportunity in one of the city’s fastest-evolving neighborhoods, featuring two units with strong upside potential. One unit is currently rented on a month-to-month basis at well below market rent, providing immediate opportunity for rental increases or repositioning, while the second unit is vacant and requires TLC, with some renovation already underway, allowing an investor to complete improvements and lease at market rates. Adding to the appeal, the roof is set to be replaced, reducing near-term capital expenditure and enhancing the property’s long-term stability. Situated in a rapidly changing area with increasing demand and redevelopment, this asset offers multiple strategies for value creation, including renovation, rent growth, and long-term appreciation.
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33127
- Street:
- 5620 Nw 3rd Ave, Miami, Florida 33127
- Longitude:
- W81° 47' 51.4''
- Latitude:
- N25° 49' 38.8''
- Building Area:
- 1,632 Sqft
- Construction Materials:
- Block
- Flooring:
- Wood, Hardwood
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional, FHA
- Lot Features
- Parcel Number:
- 01-31-13-042-0080
- Subdivision Name:
- BUENA VISTA GARDENS
- Tax Annual Amount:
- $8,471
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
5620 Nw 3rd Ave, Miami, Florida 33127, Miami, Florida 33127
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $500,000
- Square Footage :
- 1,392 Sqft
- Year Built :
- 1957
- MLS # :
- A11987102
- Property Sub Type :
- Duplex
