5720 NW 3rd Ave, Miami FL 33127,Miami,Miami-Dade County,Residential Income

$ 648,000
5720 NW 3rd Ave, Miami FL 33127, Miami, BUENA VISTA GARDENS

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

Address: 5720 NW 3rd Ave, Miami FL 33127
City:
State/County:
Zip: 33127
Country: United States

Property Id: 69984
Price: $ 648,000
Property Size: 1,690.00 ft2
ArchitecturalStyle: Attached
BuildingAreaTotal: 1874
BuildingAreaUnits: Square Feet
BuildingName: BUENA VISTA GARDENS
ConstructionMaterials: CBS Construction
ContractStatusChangeDate: 2025-07-17
Cooling: Central Air
DaysOnMarket: 85
DocumentsAvailable: Deposit - Last Months Rent, Deposit - Security, Financial Statement
ExpirationDate: 2025-11-18
Flooring: Ceramic Floor
Heating: Central
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: A-Miami Association of REALTORS
ListAgentDirectPhone: 786-444-8006
ListAgentEmail: sebastiang@truststratton.com
ListAgentFullName: Sebastian Giraldo
ListAgentKey: 6ac4821b7c1aba6cd00e3e2b56874cc8
ListAgentMlsId: 3379585
ListAgentOfficePhone: 786-444-8006
ListAgentStateLicense: 3379585
ListOfficeFax: 305-204-2279
ListOfficeKey: 2cbecda9d143d72d6b57047c8e218327
ListOfficeMlsId: STTN01
ListOfficeName: Stratton Real Estate
ListOfficePhone: 786-444-8006
ListingAgreement: Exclusive Right To Sell
ListingContractDate: 2025-07-17
ListingId: A11841842
ListingTerms: All Cash, Conventional, FHA
LivingAreaUnits: Square Feet
LotFeatures: Less Than 1/4 Acre Lot
LotSizeUnits: Square Feet
MIAMIRE_AdjustedAreaSF: 1762
MIAMIRE_Style: Duplex
MIAMIRE_TypeofAssociation: None
MLSAreaMajor: Buena Vista Gardens
MajorChangeTimestamp: September 11, 2025 at 07:13pm
MajorChangeType: Price Increase
MlsStatus: Active
ModificationTimestamp: October 10, 2025 at 06:01am
NumberOfUnitsInCommunity: 2
OnMarketDate: 2025-07-17
OriginalEntryTimestamp: July 17, 2025 at 11:26pm
OriginalListPrice: 696000
OriginatingSystemID: miamire
OriginatingSystemKey: miamire
OriginatingSystemName: Miami Association of REALTORS®
ParcelNumber: 01-31-13-042-0012
ParkingTotal: 3
PhotosChangeTimestamp: September 5, 2025 at 08:38pm
PhotosCount: 24
Possession: Funding
PostalCodePlus4: 1502
PreviousListPrice: 647000
PriceChangeTimestamp: September 11, 2025 at 07:13pm
PublicSurveyRange: 31
PublicSurveySection: 13
PublicSurveyTownship: 31
RentIncludes: Gardener, Pest Control, Trash Collection
Roof: Tar & Gravel Roof
Sewer: Public Sewer
ShowingInstructions: Appointment Only, Showing Assist, Virtual Showing Available
SourceSystemKey: 418050510
StateOrProvince: FL
StatusChangeTimestamp: July 17, 2025 at 11:26pm
Stories: 1
StoriesTotal: 1
StreetDirPrefix: NW
StreetName: 3rd Ave
StreetNumber: 5720
StreetNumberNumeric: 5720
StructureType: Duplex
SyndicationRemarks: 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
TaxAnnualAmount: 9731
TaxExemptions: Tax Reflects Homestead Exemption
TaxLegalDescription: BUENA VISTA GARDENS PB 5-45 LOT 3 BLK 1 LOT SIZE 50.000 X 125 OR 12766-1326 0186 1
TaxYear: 2024
YearBuilt: 1985
YearBuiltDetails: Effective Year Built
Zoning: 5700

Other Features
Has Cooling System
Has Heating System

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$ 3,322.42
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,512.42

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