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!
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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