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.
For sale
Street View
$799,000
5028 NW 3rd Ave, Miami, FL 33127
4beds
3baths
1,183sqft
Est.:
Triplex
Built in 1924
-- sqft lot
$776,000 Zestimate®
$675/sqft
$-- HOA
What's special
Plenty of natural lightPrivate yard
- 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#: A11855894
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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