$899,000
OPEN WED 11AM - 12PM $61K PRICE DROP

5028 NW 3rd Ave Miami, FL 33127

Little Haiti Neighborhood

Estimated payment $5,510/month

Total Views 141
-- Bed
-- Bath
1,720 Sq Ft
$523 Price per Sq Ft

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Buena Vista Park
  • No HOA
  • Central Heating and Cooling System

About This Home

CONTACT BROKER VIA TEXT OR CALL 2 Bed / 1 Bath Main UnitTwo Separate Large Efficiency UnitsTotal Potential Rental Income: $6,200/monthProjected Gross Income: $74,400/yearEach unit has been well-maintained and ready to lease long-term tenants, with rental upside or short-term potential. With flexible zoning and proximity to **Wynwood, Design District, Midtown, and Downtown Miami**, this property is also a **prime candidate for Airbnb or short-term rental**.

Listing Agent

Christopher Johnson

Johnson's Homes License #3248478

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,898

Year Built

  • Built in 1924

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Frame With Stucco
  • Flat Roof with Façade front

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Railway Shops Addn 2Nd Am Condos
  • Railway Shops Addn 2Nd Am Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-24-013-4390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,898

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Subdivision Name: RAILWAY SHOPS ADDN 2ND AM
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: 4353
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 1720
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: Concrete Block Construction, Frame With Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RAILWAY SHOPS ADDN 2ND AM
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-24-013-4390
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5898

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,550 $168,803 -- --
2023 $5,550 $153,458 $0 $0
2022 $4,679 $138,328 $0 $0
2021 $4,122 $125,753 $0 $0
2020 $3,904 $213,732 $138,223 $75,509
2019 $3,528 $180,839 $106,529 $74,310
2018 $3,187 $161,085 $86,720 $74,365
2017 $3,020 $85,892 $0 $0
2016 $2,770 $78,084 $0 $0
2015 $2,579 $70,986 $0 $0
2014 $2,319 $64,533 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Price Changed $899,000 -6.4% $523 / Sq Ft
04/25/2025 04/25/25 For Sale $960,000 -- $558 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $500,000 Couture Title
Quit Claim Deed $100 --
Warranty Deed $17,500 --
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Construction
Open $450,000 Construction
Previous Owner $135,000 Future Advance Clause Open End Mortgage
Previous Owner $110,500 Stand Alone First
Previous Owner $65,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11790729

MIAMI REALTORS® MLS

APN: 01-3124-013-4390

Florida Miami/Dade County Miami 33127 Little Haiti

5028 NW 3rd Ave, Miami, FL

Homes for Sale in Miami, FL

This home is located at 5028 NW 3rd Ave, Miami, FL 33127 and is currently priced at $899,000, approximately $522 per square foot. This property was built in 1924. 5028 NW 3rd Ave is a home located in Miami-Dade County with nearby schools including Shadow Lawn Elementary School, Jose De Diego Middle School, and Miami Edison Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Agent
Christopher Johnson
Section Image
Johnson's Homes
(786) 952-5773