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For sale
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  • $799,000

    5028 NW 3rd Ave, Miami, FL 33127

    4beds
    3baths
    1,183sqft
    : 
    Triplex
    Built in 1924
    -- sqft lot
    $776,000 Zestimate®
    $675/sqft
    $-- HOA

    What's special

    Plenty of natural lightPrivate yard
    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.
    6 days
    on Zillow
    |
    196
    |
    6
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: August 09, 2025 at 12:30pm

    Listed by:

    Christopher Johnson 305-575-9040,

    Johnson's Homes

    Source: MIAMI,MLS#: A11855894MLS LogoOriginating MLS: A-Miami Association of REALTORS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 5028 NW 3rd Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Wood
    Interior area
    • Total structure area: 1,720
    • Total interior livable area: 1,183 sqft

    Property

    Parking
    • Total spaces: 5
    Features
    • Stories: 2
    Lot
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 0131240134390
    • Zoning: 5700

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Concrete Block Construction, Frame
    • Roof: Concrete
    Condition
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: Railway Shops Addn 2nd Am
    HOA
    • Has HOA: No
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $675/sqft
    • Tax assessed value: $434,863
    • Annual tax amount: $5,898
    • Date on market: 8/9/2025
    • Listing terms: All Cash,Conventional
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