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Florida>Miami>Buena Vista

5028 NW 3rd AveMiami, FL 33127

For Sale

$799,000

Smart Buyer Rebate $7,990

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.

Listed by Christopher Johnson

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License #3248478

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Johnson's Homes

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305-575-9040

Last updated August 09, 2025

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Source: MIAMIRE #A11855894

Listing Facts

  • TypeMulti-family
  • NeighborhoodBuena Vista
  • Days on Prevu28
  • Taxes$5,898/year
  • Size1,183 sqft
  • Price per sqft$675

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

08/09/2025
Listed by Johnson's Homes
$799,000

Property Details for 5028 NW 3rd Ave

Association

General

  • Number Of Units In Community: 3

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Concrete
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Triplex
  • Year Built: 1924
  • Year Built Details: Resale
  • Architectural Style: Detached
  • Building Name: RAILWAY SHOPS ADDN 2ND AM
  • Construction Materials: Concrete Block Construction, Frame

Measurements

  • Building Area Total: 1,720
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-24-013-4390
  • Tax Annual Amount: $5,898.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Wood

Measurements

  • Living Area: 1,183
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: RAILWAY SHOPS ADDN 2ND AM

Parking

Parking

  • Parking Total: 5

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.