Property Details
| Sold Price | $605,000 |
|---|---|
| Last Asking Price | $648,000 |
| Price per SqFt | $358 |
| Maintenance fee | Inquire |
| Property Taxes | $9,731 2024 |
| Interior Space | 1,690 SqFt |
| Beds/Baths | —/— |
| Year Built | 1985 |
| Pool | No |
| Closed Date | 11/6/2025 |
| MLS # | A11841842 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
6% CAP RATE & GROWING, OPPORTUNITY ZONE, NO FLOOD ZONE. Turn-key duplex 2/1 + 2/1 generating $4,300/month in rental income, with tenants covering all utilities (electric, water, landscaping), for minimal owner expenses. Built with solid CBS block construction (1986), the property boasts an updated roof and brand-new central A/C systems (2023) in both units, plus in-unit laundry for tenant convenience. Sitting on a 6,250 SF lot east of I-95, this property is perfectly positioned for rapid appreciation and sustained rental demand. Only minutes from Wynwood, the Design District, and Midtown, it combines strong cash flow with prime location upside. An excellent investment for buyers seeking steady income today and long-term growth tomorrow. DO NOT DISTURB TENANTS
Listed by Stratton Real Estate
Sales History for This Home · 5720 NW 3rd Avenue, Miami, FL 33127
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11419807 | $555,000 | 8/18/23 |
| A11261737 | $450,000 | 10/10/22 |
Listed by Stratton Real Estate. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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