by Global Lifestyle Properties

See Home Value
$520,000
● House - Off Market

5108 NW 3rd Avenue

Miami, FL 33127
bedrooms
2 Beds
bathrooms
1 Bath
square feet
936 Ft²
$2,483
Est. Monthly
5.96%
Cap Rate

About This Property

Investor Special – Buena Vista Fixer-Upper! Cash buyers only! Rare opportunity in the highly desirable Buena Vista neighborhood, just minutes from the Miami Design District, Midtown, and Wynwood. This property sits in one of Miami's most sought-after up-and-coming areas, surrounded by new development, luxury retail, art, and dining. The home requires a full renovation due to prior occupant damage and is being sold strictly as-is. Ideal for investors or builders looking to remodel or rebuild in a location with tremendous upside. Location highlights: 1 mile to the Design District, 1.5 miles to Wynwood, 7 miles to Miami International Airport. This Buena Vista property is a blank canvas in the heart of Miami's most vibrant growth corridor. Exclusive Buena Vista Investment!Unlock the potential of this rare Buena Vista property, located just steps from the world-renowned Miami Design District, Midtown's trendy shops, and Wynwood's art scene. Cash-only and sold as-is, this residence is ready for a complete transformation-offering investors and builders a chance to create a showcase property in Miami's most dynamic corridor. With proximity to luxury retail, fine dining, and Miami International Airport, the location alone makes this an unparalleled opportunity.
Unit Size
936 Ft²
Days on Market
41 days
Land Size
0.12 acres
Price per sqft
$532
Property Type
House
Property Taxes
$38
HOA Dues
-
Year Built
1926

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Last updated: 3 months ago (Beaches MLS #F10526880)

Price History

Date / Event Date Event Price
Oct 27, 2025 Sold
Sold
Sep 25, 2025 In contract -
In contract
Sep 16, 2025 Listed by RE/MAX Select Group $498,000
Listed by RE/MAX Select Group

Property Highlights


Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 13
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 17
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,069
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 465
  • Total Building Area: 984
  • Gross Building Area: 984
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAILWY SHOPS ADD 2ND ADD
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 0101
  • State Land Use Code: 001
  • Legal Description 1: RAILWY SHOPS ADD 2ND ADD S46.5FT OF N93.5FT OF LOTS 23 & 24 BLK 19 PB 3-183 LOT SIZE 46.500 X 109 73R-191529

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002202

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 151
  • District: 01
  • Parcel: 01-3124-013-3650
  • Block: 19
  • Lot: 23,24
  • Meridian: SEC 24 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8226
  • Longitude: -80.2021

    Address

  • Full Address: 5108 Nw 3rd Ave
  • Address - House Number: 5108
  • Street Direction: NW
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C005
  • 4-Digit Zip Code: 2133
  • Zip Code: 33127

Valuation

    Tax

  • Total Area: 860
  • Tax Year: 2023
  • Tax Amount: $43,448
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 554,644
  • High Value: 629,789
  • Low Value: 479,498

    Market Valuation

  • Market Total Value: $345,119
  • Market Land Value: $283,841
  • Market Improvement Value: $61,278

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,650

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northern Miami


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Frequently Asked Questions

When was property at 5108 Northwest 3rd Avenue built and last sold?
The property at 5108 Northwest 3rd Avenue was built in 1926 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5108 Northwest 3rd Avenue is $508,404.
What are some comparable homes to 5108 Northwest 3rd Avenue?
There are currently no comparable homes to 5108 Northwest 3rd Avenue.