5028 NW 3rd Ave, Miami, FL 33127

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
5028 NW 3rd Ave,Miami, FL 33127
$799,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,183 sq. ft.
  • Multi-family
  • Active
Listed by:christopher johnson
Office:johnson's homes
MLS#:A11855894
Source:SEFMLS

Price summary

  • Price:$799,000
  • Price per sq. ft.:$464.53

About this home

This well-maintained income-producing triplex is located just minutes from Wynwood, Design District, and Midtown. The property consists of: • Front Unit: Spacious 2-bedroom, 1-bath, currently rented for $2,700/month • Rear Unit A: Large 1-bedroom, 1-bath, currently rented for $1,750/month • Rear Unit B: Large 1-bedroom, 1-bath, currently vacant and ready to lease at market rent Current Monthly Income: $4,450 (with upside potential once vacant unit is rented) Pro Forma Income: $6,200+ per month when fully leased at market rates The building features separate entrances for each unit, plenty of natural light, and a private yard. Situated in a high-demand rental area, this property offers immediate cash flow with room to increase returns.

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Home facts

  • Year built:1924
  • Listing ID #:A11855894
  • Updated:October 01, 2025 at 01:55 AM

Rooms and interior

  • Living area:1,183 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Concrete
  • Year built:1924
  • Building area:1,183 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$799,000
  • Price per sq. ft.:$464.53
  • Tax amount:$5,898 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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