5830 NW 5th Ave, Miami, FL 33127

Unmissable Miami Opportunity: Duplex with Strong Rental Income Potential!

Discover an incredible investment opportunity at 5830 NW 5th Ave, Miami, FL 33127! This well-located multi-family property features 2 units, each contributing to a total of 2 bedrooms and 1 bathroom, across a combined 910 sqft of living space. Situated on a generous 7,450 sqft lot in the desirable Buena Vista Gardens Ext subdivision, this property, built in 1939, boasts a solid, historic structure, typical of Miami’s resilient Art Deco or Streamline Moderne architectural styles of that era.

Priced at an attractive $324,900, this property presents an exceptionally compelling value proposition for investors seeking robust rental income or a buyer looking for a home with supplemental income. The 33127 zip code is a highly desirable rental market in Miami, with the median rent for all properties around $3,199/month, and average apartment rents around $2,727. Given this property has two units, the potential for significant cash flow is clear, making the estimated refinance payment of $3,217/month (which should be verified for exact terms) easily offset by rental income.

The 33127 housing market is currently a “Buyer’s Market,” with 72.7% of homes selling below asking price in June 2025, suggesting excellent negotiation opportunities. Furthermore, the median sale price for 2-bedroom homes in this zip code has seen a remarkable +50.0% year-over-year increase to $547,500 in June 2025. This indicates massive appreciation potential for this property at its current asking price. The location offers excellent connectivity to Miami’s vibrant core, including Wynwood, the Design District, and Midtown, ensuring continued tenant appeal. Don’t miss this chance to acquire a versatile income-generating property in a dynamically appreciating area!