6730 NW 5th Ave, Miami, FL 33150
6730 NW 5th Ave, Miami, FL 33150
6730 NW 5th Ave, Miami, FL 33150
6730 NW 5th Ave, Miami, FL 33150
6730 NW 5th Ave, Miami, FL 33150
6730 NW 5th Ave, Miami, FL 33150
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Cliff Melerine

Cliff Melerine

+1(786) 554-6435
$ 980,000
Est. payment | /mo

3,063 SqFt

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$ 980,000
Est. payment | /mo
Save Virtual Tour

3,063 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,063 sqft

Price per Sqft $319

Subdivision 7Th Avenue Highlands

MLS Listing ID A12120015

HOA Y/N No

Year Built 1948

Annual Tax Amount $9,188

Tax Year 2025

Property Sub-Type Duplex

Property Description

Attention Investors! High-Performance Turnkey Investment Opportunity in Miami | 11-Bedroom, 7-Bathroom Asset Generating $100,000 NOI — This cash-flowing property is strategically located at 6730-6710 NW 5th Ave in Miami's rapidly developing Little Haiti/Edison Park corridor, just blocks from I-95, with a quick 15-minute connection to Midtown, Wynwood, the Design District, Brickell, and Miami International Airport. Operating smoothly with 11 rented rooms, this high-performing asset delivers an impressive net operating income (NOI) of $100,000 per year. The property has been extensively remodeled with registered building plans and official permits, featuring key high-value upgrades including a brand-new roof and impact windows for maximum security and lower insurance costs. The functional multi-unit layout includes several full bathrooms, updated kitchens, and dedicated service areas. This property offers an ideal turnkey addition for 1031 exchange investors or portfolio buyers seeking high compounding returns on a solid long-term appreciation track record. It also has potential for expansion to generate more income, as its lot measures 10,800 square feet.

Location

State FL

County Miami-dade

Community 7Th Avenue Highlands

Area 31

Zoning 5700

Interior

Heating None

Cooling Central Air, Electric

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 3

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-13-024-2281

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12120015

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Avanti Way Brickell

Schools and Properties Nearby

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6730 NW 5th Ave