5151 N Miami Avenue, Miami, FL 33127

$920,000
Property Type: Residential Income Square Footage: 1,709 Status: Active
Current Price: $920,000 List Date: 7/22/2026 Last Modified: 10/27/2026

Overview

Description

Great income-producing property in highly desirable Buena Vista, just minutes from the Miami Design District, Wynwood and Midtown. Excellent current income with below-market rents offering significant upside. Located in one of Miami’s fastest-growing neighborhoods, with strong rental demand and exceptional long-term appreciation potential. A rare opportunity for investors seeking immediate cash flow and future growth.

Supplements: Perfectly located just minutes from Miami’s most sought-after neighborhoods — enjoy world-class shopping, dining, art galleries, and entertainment. Near Midtown Miami, Buena Vista, Design District, Brickell, Wynwood and Miami Beach.

Listing Details MLS# A12057382

General Property Information

Number Of Units Total
3
Property Sub Type
Duplex
Building Area Main
1709
Living Area Main
1645
Adjusted Area Main
1661
Year Built
1973
Parking Total
4
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: Copy Of Lease(s) Flooring: Ceramic Tile Property Condition: Resale Structure Type: Duplex Construction Materials: Block Cooling: Electric Heating: Electric; Separate Meters Listing Terms: Cash; Conventional; FHA Possession: Negotiable Roof: Flat; Shingle; Tile Sewer: Public Sewer Utilities: Cable Available Showing Requirements: Listing Agent Must Accompany; Showing Service Unit 1 Parking Features: Open Parking Unit 2 Parking Features: Open Parking Unit 3 Parking Features: Open Parking

Contract Information

Comp Sale YN
No
Original List Price
980000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
5151
Street Direction Prefix
N
Street Name
Miami
Street Suffix
Avenue
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33127
Postal Code +4
2121
Postal Zip
33127
Subdivision Name
ALTA VISTA
Area
2310
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Parcel Number
0131240120291
Subdivision Number
12
Zoning
3901
Flood Zone
X
Directions
Take N. Miami Avenue to property on 51st Street

Financial Information

Tax Annual Amount
14301
Tax Year
2025
Tax Legal Description
ALTA VISTA PB 6-4 N50FT OF LOTS 10 & 11 LESS W10FT OF LOT 10 BLK 3 LOT SIZE 50.000 X 100 OR 20832-4813 11 2002 1 COC 22220-1426 04 2004 1

Status Change Information

Major Change Timestamp
2026-10-27T17:10:51Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-10-27T17:10:51Z
Status Change Date
2026-07-22

More Information

Income and Expenses

Gross Income
6350

Unit 1 Details

Actual Rent
2400
Baths Full
Yes
Efficiency YN
No

Unit 1 Lease Description

Currently Leased YN
Yes

Unit 2 Details

Actual Rent
2600
Baths Full
Yes
Efficiency YN
No

Unit 2 Lease Description

Occupant Type
Owner

Unit 3 Details

Actual Rent
1350
Baths Full
Yes
Efficiency YN
No

Unit 3 Lease Description

Currently Leased YN
Yes

Price Calculations

Current Price To SqFt
559.27

Section Details

Parcel Number MLX
0291

Originating Details

Originating System Key
534519616
Originating System ID
M00000151
IDX
Listing Office: My Realty Group, LLC.
Source MLS Verified
Last Updated: October - 27 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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