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5140 NW 5th AveMiami, FL 33127

For Sale

$1,725,000

Smart Buyer Rebate $17,250

Introducing a rare, new-construction investment opportunity in one of Miami’s most sought-after locations, just minutes from Wynwood. This turnkey asset features a modern duplex building comprising 2 luxury townhome-style units, each offering 3 bedrooms, 2.5 bathrooms, and with private pools. Designed for both style and performance, each unit comes fully furnished and professionally curated, allowing for immediate income generation from day one.

Built with contemporary architecture, the property delivers strong rental appeal and exceptional cash-flow potential in a high-demand rental corridor. Premium fixtures, and seamless indoor-outdoor living create a boutique hospitality experience that consistently attracts quality tenants and premium rates.

Investors will appreciate the combination of new construction, low maintenance, and proven rental performance in a rapidly appreciating neighborhood surrounded by world-class dining, art, and entertainment. Whether you’re expanding a portfolio or acquiring a flagship short-term or long-term rental asset, this property represents a compelling blend of location, design, and income potential. Adjacent duplex for sale - inquire about package deal.

Listed by Alfred Vargas

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License #3391195

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LoKation

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305-610-7399

Last updated February 11, 2026

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Source: MIAMIRE #A11848576

Listing Facts

  • TypeMulti-family
  • NeighborhoodBuena Vista
  • Days on Prevu232
  • Taxes$19,486/year
  • Size2,700 sqft
  • Price per sqft$639

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

02/11/2026
Price Decreased
$1,725,000
02/05/2026
Price Decreased
$1,795,000
08/27/2025
Price Decreased
$1,995,000
07/28/2025
Listed by LoKation
$2,000,000

Property Details for 5140 NW 5th Ave

Association

General

  • Number Of Units In Community: 2

Exterior

Construction

  • Property Condition: New Construction
  • Roof: Concrete
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Duplex
  • Window Features: High Impact Windows
  • Year Built: 2023
  • Year Built Details: New Construction
  • Architectural Style: Attached
  • Building Name: RAILWAY SHOPS ADDN 2ND AM
  • Construction Materials: CBS Construction

Features

  • Pool Features: In Ground

Measurements

  • Building Area Total: 3,100
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-24-013-3435
  • Tax Annual Amount: $19,486.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Tile

Measurements

  • Living Area: 2,700
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: RAILWAY SHOPS ADDN 2ND AM

Parking

Parking

  • Parking Total: 6

Utilities

Equipment

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

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 5140 NW 5th Ave.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 5140 NW 5th Ave.

What are the annual taxes for 5140 NW 5th Ave?

Annual taxes for this multi-family home are estimated at $19,486.

How does 5140 NW 5th Ave compare to other multi-family homes in Buena Vista?

This multi-family home is listed 16% above the average price for multi-family homes in Buena Vista and has been on the market for 117 more days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the RAILWAY SHOPS ADDN 2ND AM building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,700 sqft.

5140 NW 5th Ave is a -bedroom multi-family home for sale in Miami FL 33127. Listed on Prevu for 232 days at $1,725,000. This includes a recent price decrease of $70,000. This home features 2,700 square feet of living space, located in Buena Vista. The median listing price for multi-family homes in this area is $1,179,000. Property amenities include pets allowed, air conditioning, parking, and swimming pool. View other multi-family home listings in Miami.

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.