Duplex in 5620 NW 3rd Ave Miami for sale with MLS# A11987102
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.
5620 NW 3rd Ave, Miami, FL 33127
- Price:
- $500,000.00
- Original List Price:
- $500,000.00
- Rent Includes:
- Other
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- MLS Number:
- A11987102
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 21, 2026 12:42 pm
- Living Area:
- 1,392 Sqft
- Built-Up Area:
- 1,632 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Wall Furnace
- Year Built:
- 1957
- Year Built Details:
- Resale
- Roof:
- Shingle
- Levels:
- One
- Construction Materials:
- Block
- Flooring:
- Wood, Hardwood
- Stories:
- 1
- Tax Annual Amount:
- $8,471.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects No Exemptions
- Parking Total Spaces:
- 1
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Not Available
- Subdivision Name:
- BUENA VISTA GARDENS
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Occupant Type:
- Tenant
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 13 53 41 BUENA VISTA GARDENS PB 5-45 LOT 10 BLK 1 LOT SIZE 50.000 X 125
- Real Estate Folio Number (Parcel Number):
- 01-31-13-042-0080
- Zoning Description:
- 5700
- Originally published on:
- March 21, 2026 12:42 pm
- Active on the market since:
- March 21, 2026
- Price change occurred on:
- March 21, 2026 12:42 pm
- Listing Status Last Changed On:
- March 21, 2026 12:42 pm
- Photos updated on:
- March 21, 2026 4:54 pm
- Last Modified:
- March 21, 2026 10:00 pm
- Flood Zone:
- X
- Type of Association:
- None
- Style:
- Duplex
- Municipal Code:
- 1
- Subdivision Number:
- 42
- Courtesy of:
- KPI International Realty LLC
- Attribution:
- Not provided
- Street Name:
- 3rd Ave
- Street Number:
- 5620
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33127
- County:
- Miami-Dade
- Latitude:
- N25° 49' 38.8''
- Longitude:
- W81° 47' 51.4''
- Street Direction Prefix:
- NW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami

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