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6730 NW 5th Ave, Miami FL 33150

Miami, FL 33150

$980,000

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Price
$980,000
Square feet
3,063
Property type
Duplex
Year built
1948
MLS number
A12120015

This listing is courtesy of Avanti Way Brickell, 305-733-9741.

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About this property

Turnkey High-Yield Investment Opportunity in Miami | 11-Bedroom Co-Living Asset Generating $100K NOI — Attention investors! Rare opportunity to acquire a, cash-flowing Co-Living property strategically located at 6730-6710 NW 5th Ave in the rapidly evolving Little Haiti / Edison Park corridor of Miami, FL. Operating seamlessly as an 11-bedroom co-living operation, this high-performing asset delivers an impressive $100,000 Net Operating Income (NOI) per year. The property has been extensively remodeled with official building plans and permits on record, featuring key high-value upgrades including a brand-new roof and high-impact hurricane windows and doors throughout for maximum safety and lower insurance costs. Designed specifically for co-living logistics, the functional multi-unit layout includes multiple full bathrooms, updated kitchens, and dedicated utility areas. Perfectly positioned just blocks from 1-95 with rapid 15-minute connectivity to Midtown, Wynwood, Design District, Brickell, and Miami International Airport, this property offers an ideal turnkey addition for 1031 exchange investors or portfolio buyers seeking high cap-rate returns in a strong long-term appreciation path

Details

Property type
Duplex
Year built
1948

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC