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6700 NW 5th Ave, Miami FL 33150
About this home
Exceptional corner-lot property offering outstanding flexibility, strong income-producing potential, and excellent future development opportunities in one of Miami’s most convenient locations. One of this property’s greatest advantages is its zoning. According to public records, it is designated as PA (Primary Zone) – Duplexes General, with a Primary Land Use classification of Multifamily (2–9 Units), providing exceptional flexibility and strong potential for future expansion, or additional income opportunities. This move-in-ready residence features 3/2 renovated, plus a private 1-bedroom, 1-bath efficiency with separate entrance, making it ideal for extended family, guests, a home office, or rental income. Recent upgrades include porcelain tile flooring throughout, a modern kitchen with stainless steel appliances, renovated bathrooms, updated electrical, contemporary lighting, new fencing, window blinds, and a storage shed for additional storage. Conveniently located just minutes from major highways, Wynwood, the Design District, Midtown Miami, and Downtown Miami, this property offers easy access to shopping, dining, entertainment, schools, and everyday conveniences. Whether you’re looking for a primary residence, a multi-generational home, or an investment property, this unique property offers exceptional flexibility, functionality, and long-term value. Buyers are encouraged to verify zoning, land use, and permitted uses with the appropriate municipal authorities.
Features
- First Floor Entry
- Closet Cabinetry
- Studio Apartment
- Other
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,135
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.