5200 NW 7th Ave Miami, FL $ 675,000
5200 NW 7th Ave
$ 675,000
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5200 NW 7th Ave

Miami, FL, 33127
$ 675,000
Bedrooms3 Baths1.0 Sq 1,243

Monthly Estimate*

$ 4,486

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Single Family Home for sale in Miami, FL

for $675,000 with 3 bedrooms and 1 full bath. This 1,243 square foot home was built in 1920 on a lot size of 0.110193.

Fully remodeled 3 bed/2 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor. Opportunity to develop up to 11 units of mixed-income housing, with plans underway. With potential of generating over $30K annually without further improvements, this property is perfect for a developer looking to leverage strong rezoning incentives while capitalizing on short-term income as the neighborhood thrives. Currently fully rented at $2,800 to a reliable tenant using it as an office, willing to stay or vacate if needed.

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Single Family Active

Price

$ 675,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 8,530

Style

OneStory

Lot Size

0.110193

Year Built

1920

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11586242

Features
General
Restrictions OKToLease
Housing Older Persons Act Unverified
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* Excluded Features
List By
City Group Consulting, Llc

Broker

brunocattorini@gmail.com

Email

Affordability Calculator

$5,197
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,486
Monthly Property Taxes
$711
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2024$675,000 Listed Price

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5200 NW 7th Ave, Miami, FL, 33127 is a Single Family Home for sale at $675,000 with 1,243 sqft and a lot size of 0.110193. 5200 NW 7th Ave has 3 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 33127 which is in Miami, FL