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Updated home for owner user or rental income in Miami, FL between all the hot & gentrifying areas of Magic City, Little River and Swerdlow’s new mixed-use development of 5,700 units within blocks. Home currently generates $28,800 in annual rental income, providing cash flow. Large 3/1 on 7,100 sq ft lot, zoned T5-R, allows for the development of up to 10 townhomes or 20 affordable housing units in up to 5 stories, but nearly permit approved for 8 townhomes. Located in a designated Opportunity Zone, offering potential tax benefits for investors. The land is clear with no trees to remove, streamlining development and reducing yard work or tree mitigation. The property has utilities available & near major roads and public transit. Please do not contact or disturb the tenants.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 5426 NW 3rd Ave | $350,000 | 3/2 | 1,198 | 111 | $0 | ||
| 98 NE 70th St | $375,000 | 3/1 | 1,599 | 149 | $0 | ||
| 101 NE 63rd St | $400,000 | 3/1 | 1,128 | 105 | $0 | ||
| 8525 NW 32nd Ct | $480,000 | 3/1 | 888 | 82 | $0 | ||
| 5519 NW 4th Ave | $499,000 | 3/2 | 1,206 | 112 | $0 | ||
| 5820 NW 3 AVE | $500,000 | 0.2% | 3/2 | 1,000 | 93 | $0 | |
| 6723 NW 6th Ave | $549,000 | 4/2 | 1,400 | 130 | $0 | ||
| 305 NW 58th St | $550,000 | 3/2 | 1,000 | 93 | $0 | ||
| 5709 NW 5th Ct | $575,000 | 4/3 | 0 | 0 | $0 | ||
| 6223 NW Miami Pl | $588,888 | 4/2 | 1,260 | 117 | $0 | ||
| 247 NW 58th St | $619,000 | 2/2 | 805 | 75 | $0 | ||
| 34 NW 69th St | $649,000 | 4/2 | 1,120 | 104 | $0 | ||
| 5511 NW 4th Ave | $649,900 | 3/2 | 1,135 | 105 | $0 | ||
| 1971 W 2nd Ave | $650,000 | 4/3 | 1,410 | 131 | $0 | ||
| 6700 NW 5th Ave | $669,000 | 3/2 | 1,248 | 116 | $0 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 03/02/2026 | $512,000 | $499,000 | 4 | 2 | 1,635 | 5 months | |
| 02/17/2026 | $400,000 | $400,000 | 4 | 2 | 1,540 | 3 months | |
| 02/13/2026 | $440,000 | $455,000 | 5 | 3 | 1,832 | 1 month | |
| 12/19/2025 | $430,000 | $460,000 | 3 | 2 | 1,228 | 6 months | |
| 12/03/2025 | $335,000 | $425,000 | 3 | 2 | 1,135 | 6 months | |
| 12/01/2025 | $429,000 | $429,000 | 3 | 2 | 1,558 | 8 months | |
| 11/07/2025 | $550,000 | $534,999 | 3 | 2 | 984 | 3 months |
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