Basic Information

  • MLS # A11855894
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Railway Shops Addn 2nd Am
  • Year Built 1924
  • Total Sqft 1,183
  • Date Listed 08/09/2025
  • Days on Market 48
Description

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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 1,183Sq.Ft
  • Sqft 1,183 Sq.Ft

Property Features

  • Aprox. Lot Size 1,720
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Railway Shops Addn 2nd Am
  • Tax Amount $5,898
  • Tax Year 2024

5028 NW 3rd Ave

Miami, FL 33127

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Johnson's Homes. tel: 305-575-9040

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