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Railway Shops Addn 2 Nd Am

$899,000

5028 NW 3rd Ave, Miami, FL 33127

Active
Last Updated: 04/28/2025

1,720 sqft

Building Size

3

Units

Details:
Building Size:    1,720 sqft
Units:    3
Year Built:    1924
Floors:    2
Parking Spots:    5
Gross Leaseable Area:    1,720
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: None
  • Architectural Style: Detached
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Flooring: Tile, Wood
  • Construction Materials: Concrete Block Construction, Frame With Stucco
Description:

CONTACT BROKER VIA TEXT OR CALL

2 Bed / 1 Bath Main Unit
Two Separate Large Efficiency Units
Total Potential Rental Income: $6,200/month
Projected Gross Income: $74,400/year
Each unit has been well-maintained and ready to lease long-term tenants, with rental upside or short-term potential. With flexible zoning and proximity to **Wynwood, Design District, Midtown, and Downtown Miami**, this property is also a **prime candidate for Airbnb or short-term rental**.

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