5620 NW 3rd Ave, Miami, FL 33127

Miami
Local realty services provided by:First Service Realty ERA Powered
5620 NW 3rd Ave,Miami, FL 33127
$500,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,392 sq. ft.
  • Multi-family
  • Active
Listed by: vladislav klurman
Office: kpi international realty llc.305-904-3828
MLS#:A11987102
Source:SEFMLS

Price summary

  • Price:$500,000
  • Price per sq. ft.:$306.37

About this home

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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Home facts

  • Year built:1957
  • Listing ID #:A11987102
  • Updated:April 21, 2026 at 09:53 AM

Rooms and interior

  • Flooring:Hardwood, Wood
  • Living area:1,392 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Shingle
  • Year built:1957
  • Building area:1,392 sq. ft.
  • Construction Materials:Block
  • Levels:1 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$306.37
  • Tax amount:$8,471 (2025)

Parking

  • Total parking spaces:1
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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