5010 NW 2nd Ave, Miami, FL

0 bd · 4 ba · 0 sqft Multi-Family listed at $1,056,000, built in 1956 in the Buena Vista neighborhood.

About this home

Multifamily with 5 studio units, fully permitted, all units rented, generating immediate cash flow. Prime location on vibrant 2nd Ave in Buena Vista, just 0.7 mi from Miami Design District and near Wynwood, ensuring strong tenant demand. Studios feature separate FPL meters and CBS construction. 6,099 sq ft lot with T4-O zoning (residential, commercial, entertainment) plus adjacent vacant parcels offer huge development upside. Perfect for short-term rentals (Airbnb/VRBO) with potential to dramatically boost income and ROI. Don't miss this rare opportunity-schedule your showing today!

Property details

Price: $1,056,000
Bedrooms: 0
Bathrooms: 4
Year built: 1956
Type: Multi-Family
Days on market: 99
Est. property tax: $9,082/yr · $757/mo · 0.86% FL avg

Virtual tour

Estimated monthly payment

Down payment20% ($211,200)

Interest rate6.75%

Principal & Interest$5,479

Property Tax$968

Insurance$150

Total$6,597/mo

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Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

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Home Intelligence

Neighborhood (zip 33127)

This neighborhood is primarily renter-occupied (29% owner-occupied). Median age is 36.0; 9% hold a bachelor's degree; median household income is $39,690.

Median income: $39,690
Median age: 36.0
Owner-occupied: 29.2%
Bachelor's degree: 9.2%
Census median home value: $346,000

Source: US Census Bureau American Community Survey 5-year estimates.