What is the asking price and what does it include?

The list price for 5743 NW 3rd Ave, Miami FL 33127 is $1,200,000. The property is a property with — bedrooms, — bathrooms, approximately 2880 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 5743 NW 3rd Ave, Miami FL 33127 in Miami, 33127. Coordinates are approximately 25.8284565, -80.2020497. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 1,200,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 5743 NW 3rd Ave, Miami FL 33127.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

5743 NW 3rd Ave, Miami FL 33127 | Miami-Dade County

Active

5743 NW 3rd Ave, Miami FL 33127 | Miami-Dade County | A11974895

$1,200,000

Description

Great investment income property. Minucipal zone as T3O and Primary Land Use 0803 MULTIFAMILY 2-9 UNITS: MULTIFAMILY 3 OR MORE UNITS. All four units are leased. Three bedrooms, two bathrooms, and a studio.

Address

Open on Google Maps

Address: 3rd Ave
City: Miami
Zip/Postal Code: 33127

Details

Updated on June 7, 2026 at 11:54 pm

Property ID A11974895
Price $1,200,000
Property Size 2880 Sq Ft
Year Built 1970
Property Status Active

Additional details

StreetDirPrefix NW
LivingAreaUnits Square Feet
MIAMIRE_SeparateMeterYN Yes
Flooring Tile
PhotosCount 3
MIAMIRE_SubdivisionNumber 48
ViewYN No
Cooling Wall/Window Unit(s)
MIAMIRE_NARRulesYN Yes
MIAMIRE_TypeofAssociation None
TaxExemptions Tax Reflects No Homestead Exemption
BuildingName RAILROAD SHOPS INTER SCHO
HeatingYN Yes
ListingKeyNumeric 437777027
MLSAreaMajor Railroad Shops Inter Scho
TaxAnnualAmount 9404
AssociationYN No
MlsStatus Active
StreetNumber 5743
ListingKey 5544ed92295df54c56038ea2170556b7
MIAMIRE_PoolYN No
Directions GPS
MIAMIRE_AddressInternetDisplay 5743 NW 3rd Ave
Roof Flat Roof With Facade Front
ParkingTotal 2
PoolPrivateYN No
ListingTerms All Cash, Conventional
WaterfrontYN No
SubdivisionName RAILROAD SHOPS INTER SCHO
InternetAddressDisplayYN Yes
StoriesTotal 1
StreetNumberNumeric 5743
MIAMIRE_MunicipalCode 1
PostalCodePlus4 1500
NumberOfUnitsInCommunity 4
Heating Window/Wall
MIAMIRE_Area 31
StructureType Quadruplex, Fourplex
ListingAgreement Exclusive Agency
ListingId A11974895
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN Yes
InternetAutomatedValuationDisplayYN No
TaxYear 2025
InternetConsumerCommentYN No
BuildingAreaTotal 2880
CoolingYN Yes
LotSizeUnits Square Feet
MIAMIRE_AdjustedAreaSF 2427
ListingContractDate 2026-03-02
Zoning 5700
StateOrProvince FL
PropertyCondition New Construction
Stories 1
SignOnPropertyYN No
YearBuiltDetails Unknown
IDXParticipationYN Yes
MIAMIRE_CableAvailableYN Yes
HorseYN No
LeasableAreaUnits Square Feet
Sewer Public Sewer
SyndicationRemarks Great investment income property. Minucipal zone as T3O and Primary Land Use 0803 MULTIFAMILY 2-9 UNITS: MULTIFAMILY 3 OR MORE UNITS. All four units are leased. Three bedrooms, two bathrooms, and a studio.
MIAMIRE_LPAmtSqFt 416.6667
MIAMIRE_FloodZone X
NewConstructionYN No
Media {"Group":null,"ResourceRecordKey":"5544ed92295df54c56038ea2170556b7","MediaModificationTimestamp":"2026-03-02T19:45:49.000Z","ResourceName":null,"MIAMIRE_UploadDate":"2026-03-02T19:45:04.223Z","BridgeModificationTimestamp":"2026-03-02T20:00:55.651Z","SourceSystemName":null,"MIAMIRE_Table_ID":9,"OriginatingSystemMediaKey":null,"MIAMIRE_ProviderModificationTimestamp":null,"OriginatingSystemName":null,"ShortDescription":null,"MediaKey":"a13d28772ce04733ba160f0c583110ba","ImageWidth":null,"ResourceRecordKeyNumeric":null,"ChangedByMemberID":null,"ChangedByMemberKeyNumeric":null,"ClassName":null,"Permission":[],"MediaType":"Image","id":null,"ResourceRecordID":null,"ModificationTimestamp":"2026-03-02T19:45:49.000Z","ImageOf":null,"MIAMIRE_ParentProviderKey":null,"MediaCategory":null,"ImageSizeDescription":null,"MediaObjectID":null,"MediaStatus":null,"Order":1,"ResizeMediaURL":null,"MediaURL":null,"SourceSystemMediaKey":null,"SourceSystemID":null,"OriginatingSystemID":"miamire","MIAMIRE_ProviderKey":null,"MediaHTML":null,"MIAMIRE_SupplementType":null,"MIAMIRE_OriginalFilename":"GetMedia.ashx-51","PreferredPhotoYN":null,"LongDescription":null,"MediaKeyNumeric":null,"ChangedByMemberKey":null,"ImageHeight":null,"MIAMIRE_IsDeleted":false,"MIAMIRE_Size":534225}, {"Group":null,"ResourceRecordKey":"5544ed92295df54c56038ea2170556b7","MediaModificationTimestamp":"2026-03-02T19:45:49.000Z","ResourceName":null,"MIAMIRE_UploadDate":"2026-03-02T19:45:06.713Z","BridgeModificationTimestamp":"2026-03-02T20:00:55.650Z","SourceSystemName":null,"MIAMIRE_Table_ID":9,"OriginatingSystemMediaKey":null,"MIAMIRE_ProviderModificationTimestamp":null,"OriginatingSystemName":null,"ShortDescription":null,"MediaKey":"5ff00d128c94d2493d554cb5651a6881","ImageWidth":null,"ResourceRecordKeyNumeric":null,"ChangedByMemberID":null,"ChangedByMemberKeyNumeric":null,"ClassName":null,"Permission":[],"MediaType":"Image","id":null,"ResourceRecordID":null,"ModificationTimestamp":"2026-03-02T19:45:49.000Z","ImageOf":null,"MIAMIRE_ParentProviderKey":null,"MediaCategory":null,"ImageSizeDescription":null,"MediaObjectID":null,"MediaStatus":null,"Order":2,"ResizeMediaURL":null,"MediaURL":null,"SourceSystemMediaKey":null,"SourceSystemID":null,"OriginatingSystemID":"miamire","MIAMIRE_ProviderKey":null,"MediaHTML":null,"MIAMIRE_SupplementType":null,"MIAMIRE_OriginalFilename":"GetMedia.ashx-52","PreferredPhotoYN":null,"LongDescription":null,"MediaKeyNumeric":null,"ChangedByMemberKey":null,"ImageHeight":null,"MIAMIRE_IsDeleted":false,"MIAMIRE_Size":331504}, {"Group":null,"ResourceRecordKey":"5544ed92295df54c56038ea2170556b7","MediaModificationTimestamp":"2026-03-02T19:45:49.000Z","ResourceName":null,"MIAMIRE_UploadDate":"2026-03-02T19:45:01.673Z","BridgeModificationTimestamp":"2026-03-02T20:00:55.640Z","SourceSystemName":null,"MIAMIRE_Table_ID":9,"OriginatingSystemMediaKey":null,"MIAMIRE_ProviderModificationTimestamp":null,"OriginatingSystemName":null,"ShortDescription":null,"MediaKey":"56aa450fdf86dd5995e934a751aa7bd8","ImageWidth":null,"ResourceRecordKeyNumeric":null,"ChangedByMemberID":null,"ChangedByMemberKeyNumeric":null,"ClassName":null,"Permission":[],"MediaType":"Image","id":null,"ResourceRecordID":null,"ModificationTimestamp":"2026-03-02T19:45:49.000Z","ImageOf":null,"MIAMIRE_ParentProviderKey":null,"MediaCategory":null,"ImageSizeDescription":null,"MediaObjectID":null,"MediaStatus":null,"Order":0,"ResizeMediaURL":null,"MediaURL":null,"SourceSystemMediaKey":null,"SourceSystemID":null,"OriginatingSystemID":"miamire","MIAMIRE_ProviderKey":null,"MediaHTML":null,"MIAMIRE_SupplementType":null,"MIAMIRE_OriginalFilename":"GetMedia.ashx-50","PreferredPhotoYN":null,"LongDescription":null,"MediaKeyNumeric":null,"ChangedByMemberKey":null,"ImageHeight":null,"MIAMIRE_IsDeleted":false,"MIAMIRE_Size":533897}
RentIncludes Water
LotFeatures 1/4 To Less Than 1/2 Acre Lot
MIAMIRE_OkToAdvertiseList No
DocumentsAvailable Copy Of Lease(S)
MIAMIRE_Style Fourplex
LotSizeSquareFeet 0
ArchitecturalStyle Attached
UnparsedAddress 5743 NW 3rd Ave, Miami FL 33127
FeedTypes IDX