Home in 5040 NW 197 Street, Miami, FL 33055 for sale with MLS# A11882998

Multifamily property featuring 9 bedrooms and 6 bathrooms, currently generating a monthly rental income of $9,900. The seller is motivated to sell and also has another property available on the market under MLS number A11871841. This is an excellent opportunity for investors seeking strong returns and immediate cash flow. There is also potential for a favorable deal when purchasing both properties together. Don't miss out! Call us anytime, WE'LL ANSWER!

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Days on the market

5040 NW 197 Street, Miami, FL 33055

Price
Price:
$800,000.00
Original List Price:
$800,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Price Reduced
Last Major Update on:
November 7, 2025 10:07 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
9
Bathrooms Total:
6
Full Bath:
6
Room Type:
Other
Rooms Total:
1
Master Bedroom Bath:
Other
Property Features
Waterfront:
No
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater
Patio and Porch:
Patio, Porch, Porch - Open
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Fence:
Fenced
Property Entrance Faces:
Northwest
Construction
Year Built:
4362
Roof:
Concrete
Levels:
One
Entry Level (floor):
1
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$8,458.00
Tax Year:
2024
Property Tax Details:
City/County
Parking
Garage Spaces:
0
Carport Spaces:
2
Covered Spaces:
2
Carport
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Subdivision Name:
MIAMI GARDENS MANOR SEC 3
Senior Community:
No
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
MIAMI GARDENS MANOR SEC 3 PB 95-1 LOT 1 BLK 1 LOT SIZE 96.780 X 1005
Real Estate Folio Number (Parcel Number):
3021060091010
Zoning:
0400 SGL FAMILY - 90
Public Schools Assigned
High School:
Miami Carol City
Middle Or Junior School:
Lake Stevens
Listing History
Active on the market since:
September 22, 2025
Listing Agreement executed on:
September 22, 2025
Price change occurred on:
November 7, 2025 10:07 pm
Listing Status Last Changed On:
September 22, 2025 8:47 pm
Photos updated on:
March 9, 2026 5:18 pm
Last Modified:
July 2, 2026 7:06 pm
Additional Information
Courtesy of:
Real Estate Sales Force
Attribution:
Not provided
Location
Street Name:
197
Street Number:
5040
City:
Miami
State:
Florida
Zip Code:
33055
County:
Miami-Dade
Latitude:
N25° 57' 7.4''
Longitude:
W81° 42' 52.3''
Street Suffix:
Street
Street Direction Prefix:
NW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $59,728
Median Home Value $341,800
Median Rent $1,624/mo
Median Age 45
Population 37,226

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 60 Moderate
☀️ O3 30 Good
🫁 PM2.5 60 Moderate

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.