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5200 NW 7th Ave, Miami, FL 33127
$675,000
5200 NW 7th Ave, Miami, FL 33127View this property at 5200 NW 7th Ave, Miami, FL 33127
5200 NW 7th AveMiamiFL33127
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Property Description
Fully remodeled 3 bed/2 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor. Opportunity to develop up to 11 units of mixed-income housing, with plans underway. With potential of generating over $30K annually without further improvements, this property is perfect for a developer looking to leverage strong rezoning incentives while capitalizing on short-term income as the neighborhood thrives. Currently fully rented at $2,800 to a reliable tenant using it as an office, willing to stay or vacate if needed.
Full Property Details
Full Property Details for 5200 NW 7th Ave
General
- Price: $675,000
- Taxes: $8,530 (2023)
- Status: Active
- Type: Single Family
- MLS ID: A11586242
- Updated: 5/13/2024
- Added to Site: 16 day(s) ago
Interior
- Interior Features: First Floor Entry, Den/Library/Office, Family Room
- Appliances: Electric Range, Refrigerator
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: Den/Library/Office, Family Sq. Ft.
Additional Information
- Security/Safety: Security System Leased
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: On Street
Location
- Area: Bowling Green
- County: Miami-Dade County
- Subdivision: BOWLING GREEN
- Building Name: BOWLING GREEN
- Driving Directions: From I-95: Take exit 8A towards NW 62nd St. Turn left onto NW 62nd St. Turn left onto NW 7th Ave. The property will be on your right at 5200 NW 7th Ave.
- Direction Faces: South
Community
- Community Name: Bowling Green
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Window/Wall
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: CBS Construction, Stucco
- Roof: Shingle
- Building Size: 1375
- Square Feet: 1,243
- Living Area: 1,243 Sq. Ft.
- Year Built: 1920
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 4,800
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 6101
Financial Considerations
- Price Per Sq. Ft.: $543.04
- Tax Amount: $8,530
- Tax Year: 2023
- Terms: Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Legal Description: BOWLING GREEN PB 5-101 LOT 20 LESS E5FT ST BLK 2 LOT SIZE 48.000 X 100 OR 19181-1276 0600 4
- Restrictions: Ok To Lease
- Property ID: 01-31-23-006-0250
Listed by City Group Consulting, LLC
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Schools
Schools serving 5200 NW 7th Ave
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
4700 Nw 12th Ave, Miami, FL 33127 | PK-5 | 0.6 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 24.3 mi | |
1331 Nw 46th St, Miami, FL 33142 | 6-8 | 0.8 mi | |
1100 Nw 71st St, Miami, FL 33150 | 9-12 | 1.1 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 19.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5200 NW 7th Ave
Date
Details
Price
Change
Source
5/13/2024
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5200 NW 7th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,530
1033%
$504,798
1087%
2021
$753
-89%
$42,545
-86%
2022
$6,829
807%
$312,829
646%
2021
$753
4%
$41,958
2%
2019
$722
3%
$41,015
2%
2018
$699
2%
$40,251
2%
2017
$686
1%
$39,424
2%
2016
$677
—
$38,614
1%
2015
$677
—
$38,346
1%
2014
$676
2%
$38,042
1%
2013
$663
—
$37,480
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5200 NW 7th Ave
5200 NW 7th Ave, Miami, FL 33127 (MLS# A11586242) is a Single Family property with 3 bedrooms and 1 full bathroom. 5200 NW 7th Ave is currently listed for $675,000 and was received on May 13, 2024. Want to learn more about 5200 NW 7th Ave? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.