5200 NW 7th Ave, Miami, FL 33127

$500,000 Asking Price

3 beds

1 bath

1,243 sqft

Built in 1920

Fully remodeled 3 bed/1 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor. Opportunity to develop up to 7 units. Currently fully rented at $3,100 to a reliable tenant using it as an office, willing to stay or vacate if needed.

Listing Status:: Active
Date Added:: September 3, 2024 — 114 days ago
Listing Office:: City Group Consulting, LLC, Ouri Kahn (954-274-2274)
Office Phone:: 954-274-2274
MLS ID:: A11652315

Features & Amenities

Interior

General:: First Floor Entry, Other
Appliances:: Other Equipment/Appliances
Flooring:: Parquet
A/C:: true, Electric
Heating:: false, None

Exterior

General:: Other
Style:: Detached, One Story
Parking:: Driveway

Construction

Roofing:: Shingle
General:: Frame

Location

Originating MLS:: Miami Association of REALTORS®
County:: Miami-Dade County

Lot

Zoning:: 6101, BOWLING GREEN PB 5-101 LOT 20 LESS E5FT ST BLK 2 LOT SIZE 48.000 X 100 OR 19181-1276 0600 4, 01-31-23-006-0250
View:: Garden

Utilities

Water:: Municipal Water
Sewer:: Public Sewer

Financial

Source:: Miami Association of REALTORS®

This listing courtesy of:
City Group Consulting, LLC, Ouri Kahn

About Miami, FL

Housing

Number of Units: 711,975
Median Home Value: $380,974
Median Rent: $1,338

49.94% of housing units are renter occupied.

8.26% are vacant.

Commute

Car: 71.69%
Public Transportation: 3.80%
Walk to Work: 1.60%
Work from Home: 21.37%
Other: 1.11%

The median travel time to work is 29 minutes.

People

Population: 1,830,481
Median Age: 41.50
Median Household Size: 2.91

Education

High School: 24.77%
Associate’s Degree: 8.99%
Bachelor’s Degree: 21.60%
Graduate Degree: 13.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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5200 NW 7th Ave, Miami, FL 33127

$500,000 Asking Price