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6951 NW 5th Court, Miami, FL 33150

Beds
7
Baths
4
Sqft
2,244

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRICHARD PETERS REALTY LLC
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Overview

Incredible Investment Opportunity! Oversized Triplex on Massive Lot in Prime Miami – High Rental Potential with NO HOA!
This is a rare chance to secure a versatile, income-producing triplex on one of the largest lots in the neighborhood—perfect for a cash buyer investor looking for long-term returns or a multi-use setup with endless potential. Located on a quiet street in one of Miami’s fastest-developing areas, this property offers both immediate functionality and room to grow.
Situated on a fully fenced, lushly landscaped lot, this unique setup features two large buildings divided into three separate units, each with its own private entrance, individual electric meters, and separate water meters. Previously used as an assisted living facility, the layout is ideal for multi-generational living, long-term rentals, or repurposing for specialized residential care. One unit has been beautifully renovated, showcasing luxury vinyl plank flooring, solid wood cabinets, white countertops, and a modern bathroom with marble-look tile, rainfall showerhead, and upgraded vanity. The other two units are clean and fully functional, with light cosmetic updates offering the opportunity to maximize rental income quickly.
Outside, the expansive lot features a long, wide driveway with ample off-street parking, vibrant landscaping, and tons of space for lounging, storage, gardening, or even future additions. There's plenty of street parking, and the layout provides flexibility to expand or further optimize the property. Major capital improvements are already done: new roofs installed on all buildings in 2018, and A/C replaced the same year. Electrical and plumbing are in solid working order, giving you a reliable foundation to build on.
Zoned for flexibility and with NO HOA restrictions, this is the ideal property for a cash investor looking to add value, generate immediate income, or hold as a long-term appreciating asset. The location is just minutes from downtown, the airport, restaurants, and retail—offering both quiet residential appeal and easy access to Miami’s core. Whether you’re buying to rent, expand, or customize for multi-family or specialty use, this property checks every box.
Schedule your showing today and secure a rare, cash-flow-ready asset in the heart of Miami.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
7
Number of bathrooms
4
Square feet
2,244
Lot size (acres)
0.31
Year built
1947

Utilities

Heating
Central, Electric, Ductless
Cooling
Central air, Wall/window unit(s)
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$7,321.62

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Stellar MLS MLS®#: TB8405925 Last checked:

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