Railway Shops Addn 2Nd Am Triplex For Sale
5028 Nw 3rd Ave, Miami, FL 33127

$799,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11855894
  • List Price: $799,000
  • Living Area: 1183 Ft² / 110 M²
  • Price Per Foot/Meter: $675 / $7,270
  • Taxes:$5,898
  • Year Built:1924
  • Listing Date:August 9, 2025
  • Days On Market:9

Description


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.

Features


  • Floor:Hardwood, Wood
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker