7 Th Avenue Highlands
$980,000
6730 NW 5th Ave, Miami, FL 33150
3,341 sqft
Building Size
1948
Year Built
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Copy Of Lease(S)
- Architectural Style: Attached
- Cooling: Central Air, Electric
- Heating: None
- Flooring: Ceramic Floor
- Construction Materials: Concrete Block Construction
Description:
Attention Investors! High-Performance Turnkey Investment Opportunity in Miami | 11-Bedroom, 7-Bathroom Asset Generating $100,000 NOI — This cash-flowing property is strategically located at 6730-6710 NW 5th Ave in Miami’s rapidly developing Little Haiti/Edison Park corridor, just blocks from I-95, with a quick 15-minute connection to Midtown, Wynwood, the Design District, Brickell, and Miami International Airport. Operating smoothly with 11 rented rooms, this high-performing asset delivers an impressive net operating income (NOI) of $100,000 per year. The property has been extensively remodeled with registered building plans and official permits, featuring key high-value upgrades including a brand-new roof and impact windows for maximum security and lower insurance costs. The functional multi-unit layout includes several full bathrooms, updated kitchens, and dedicated service areas. This property offers an ideal turnkey addition for 1031 exchange investors or portfolio buyers seeking high compounding returns on a solid long-term appreciation track record. It also has potential for expansion to generate more income, as its lot measures 10,800 square feet.
Location
Gallery
