6% CAP RATE and 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 constru

5720 NORTH WEST 3RD AVE, Miami

$648,000 USD
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Address5720 NORTH WEST 3RD AVE, Miami
Building NameBUENA VISTA GARDENS
Type of PropertyDuplex
Property StyleDuplex
Price$648,000
Previous Price$647,000 (17 days ago)
Property StatusActive
MLS NumberA11841842
Living Area1690
Year Built1985
Parking Space Number3
Folio Number01-31-13-042-0012
Zoning Information5700
Days on Market77

Detailed Description: 6% CAP RATE and 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 sq.ft 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

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33127
Address5720 NORTH WEST 3RD AVE
Section13
Zip Code (4 Digits)1502
Financial Information
Price$648,000
Price per Foot$0
Previous Price$647,000
Folio Number01-31-13-042-0012
Tax Amount$9,731
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed Description6% CAP RATE and 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 sq.ft 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
Roof DescriptionTar and Gravel Roof
Floor DescriptionCeramic Floor
Cooling DescriptionCentral Air
Heating DescriptionCentral
Sewer DescriptionPublic Sewer
Property parameters
Living Area1690
Zoning Information5700
Year Built1985
Type of PropertyDuplex
StyleDuplex
Building NameBUENA VISTA GARDENS
Development NameBUENA VISTA GARDENS
Construction TypeCBS Construction
Stories Number1.000
Street DirectionNorth West
Parking Space Number3
Listed withStratton Real Estate