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.

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5620 NW 3rd Ave, Miami, FL 33127

Price
Price:
$500,000.00
Original List Price:
$500,000.00
Lease Details
Rent Includes:
Other
Property Status and Type
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
Measures
Living Area:
1,392 Sqft
Built-Up Area:
1,632 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Wall Furnace
Construction
Year Built:
1957
Year Built Details:
Resale
Roof:
Shingle
Levels:
One
Construction Materials:
Block
Flooring:
Wood, Hardwood
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$8,471.00
Tax Year:
2025
Property Tax Status:
Tax Reflects No Exemptions
Parking
Parking Total Spaces:
1
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Not Available
Community
Subdivision Name:
BUENA VISTA GARDENS
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Occupant Type:
Tenant
Buyer Possession:
Close Of Escrow
Zoning and Legal
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
Listing History
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
Additional Information
Flood Zone:
X
Type of Association:
None
Style:
Duplex
Municipal Code:
1
Subdivision Number:
42
Courtesy of:
KPI International Realty LLC
Attribution:
Not provided
Location
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
Property Map

Neighborhood Stats

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

Median Household Income $41,125
Median Home Value $398,800
Median Rent $1,394/mo
Median Age 36
Population 27,585

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 40 Good
☀️ O3 40 Good
🫁 PM2.5 40 Good

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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.