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$500,000
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Property Description
This duplex presents a compelling value-add opportunity in one of the city's fastest-evolving neighborhoods, featuring two units with strong upside potential. One unit is currently rented on a month-to-month basis at well below market rent, providing immediate opportunity for rental increases or repositioning, while the second unit is vacant and requires TLC, with some renovation already underway, allowing an investor to complete improvements and lease at market rates. Adding to the appeal, the roof is set to be replaced, reducing near-term capital expenditure and enhancing the property's long-term stability. Situated in a rapidly changing area with increasing demand and redevelopment, this asset offers multiple strategies for value creation, including renovation, rent growth, and long-term appreciation.
Full Property Details
Full Property Details for 5620 NW 3rd Ave
General
- Price: $500,000
- Taxes: $8,471 (2025)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11987102
- Updated: 3/21/2026
- Added to Site: 9 day(s) ago
Rental Information
- Rent Includes: Other Rent Incl
Interior
- Flooring: Wood
Parking
- Total Spaces: 1
Location
- Area: Buena Vista Gardens
- County: Miami-Dade County
- Subdivision: BUENA VISTA GARDENS
- Building Name: BUENA VISTA GARDENS
Community
- Community Name: Buena Vista Gardens
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Window/Wall
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Attached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1632
- Square Feet: 1,392
- Living Area: 1,392 Sq. Ft.
- Year Built: 1957
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $359.2
- Tax Amount: $8,471
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Documents Avail.: None
- Legal Description: 13 53 41 BUENA VISTA GARDENS PB 5-45 LOT 10 BLK 1 LOT SIZE 50.000 X 125
- Property ID: 01-31-13-042-0080
Listed by KPI International Realty LLC
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Schools
Schools serving 5620 NW 3rd Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Toussaint L'Ouverture Elementary 120 Northeast 59th Street, Miami, FL 33137 | PK-5 | 0.5 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.5 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5620 NW 3rd Ave
Date
Details
Price
Change
Source
3/21/2026
Listed
$500,000
129.36%
MLS
6/21/2019
Sold
$218,000
—
Public Record
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 5620 NW 3rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,828
—
$385,807
5%
2024
$6,828
7%
$366,183
10%
2023
$6,406
24%
$331,683
54%
2021
$5,179
-8%
$215,652
-18%
2022
$5,645
9%
$263,183
42%
2021
$5,179
15%
$185,652
6%
2019
$4,499
193%
$175,152
216%
2018
$1,538
3%
$55,403
-30%
2017
$1,492
10%
$78,967
62%
2016
$1,355
7%
$48,656
6%
2015
$1,265
7%
$45,972
6%
2014
$1,180
3%
$43,499
4%
2013
$1,146
—
$41,824
—
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 5620 NW 3rd Ave
5620 NW 3rd Ave, Miami, FL 33127 (MLS# A11987102) is a Duplex property with 0 bedrooms and 0 full bathrooms. 5620 NW 3rd Ave is currently listed for $500,000 and was received on March 21, 2026. Want to learn more about 5620 NW 3rd Ave? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

