Property Description

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.

Features
Swimming Pool
Heating System
Cooling System
Parking
Roof:
Shingle
Sewer
Address Map
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''
MLS Addon
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
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Residential Income For Sale

5620 Nw 3rd Ave, Miami, Florida 33127, Miami, Florida 33127

1,392 Sqft
$500,000
MLS # #A11987102
Basic Details
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
Agent info
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