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7201 NE 5th Avenue, Miami, FL 33138 (MLS# A10809265)

7201 NE 5th Avenue, Miami, FL 33138

$710,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A10809265

Property Type: Residential Income Square Footage: 2,083 Status: Closed

Current Price: $710,000 List Date: 1/29/2020 Last Modified: 8/11/2026

Overview

Description

Fully remodeled desirable corner lot income producing Duplex plus Efficiency at the upcoming Upper East Side or MiMo area. High end Porcelain floors, Stainless steel appliances and quartz counter tops. High impact energy efficient windows. High efficiency appliances and toilets. One block to Biscayne Blvd. Walking distance to restaurants, shoppings, Bay, parks and few minutes driving to the beach. 7 minutes to Miami Design District. 15 minutes to MIA Airport. 15 minutes to Miami Beach. 3 Carport parking spaces plus plenty of free street parking. AAA tenants and Owner unit. NOI: $50,635.87.Cap Rate: 6.03% at asking price. 10-year Proforma Cap Rate: above 8%. Lot 7,540 sqft. Owner/Broker. Own a piece of this fast growing neighborhood!

Supplements: Please watch property video: https://vimeo.com/392303804

Listing Details MLS# A10809265

General Property Information

Number Of Units Total: 3
Property Sub Type: Duplex
Building Area Main: 2083
Living Area Main: 1836
Adjusted Area Main: 1928
Year Built: 1950
Parking Total: 8
Lot Size Dimensions: 7540
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Copy Of Lease(s); Existing Survey; Financial Statement; Investment Analysis; Rent Rolls Electric: Circuit Breakers Exterior Features: Lighting; Other Fencing: Fenced Flooring: Tile Property Condition: Resale; Updated/Remodeled Structure Type: Duplex Construction Materials: Block; Brick Green Indoor Air Quality: Ventilation Heating: Electric; Separate Meters Laundry Features: Outside Listing Terms: Cash; Conventional Lot Features: Fruit Tree(s) Possession: Negotiable Roof: Spanish Tile Sewer: Public Sewer Sprinkler Description: Manual Sprinkler; Well Sprinkler Utilities: Cable Available Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Outdoor Living Spaces: Patio; Porch Porch Details: Porch - Open Unit 1 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer; Other Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 1 Rooms: Family Room; Kitchen; Laundry Room Unit 2 Appliances: Dryer; Microwave; Refrigerator; Washer; Other Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 2 Parking Features: On Street Unit 3 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer; Other Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Contingencies: Inspection

Contract Information

Comp Sale YN: No
Original List Price: 840000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 7201
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Avenue
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33138
Postal Code +4: 5009
Postal Zip: 33138
Subdivision Name: FEDERAL WAY AMD/Palm Grove
Area: 2320
Parcel Number: 0132070402390
Subdivision Number: 40
Zoning: 0104
Flood Zone: X

Financial Information

Association Membership: Voluntary
Tax Annual Amount: 7070
Tax Year: 2019
Tax Legal Description: FEDERAL WAY AMD PB 25-6 LOT 14 BLK 19 LOT SIZE 52.000 X 145 OR 16179-0676 1293 1

Status Change Information

Major Change Timestamp: 2020-05-29T23:40:36Z
Major Change Type: Status Change
Status Change Date: 2020-05-29
Under Contract Date: 2020-03-02
Close Date: 2020-05-29
Close Price: 710000
Buyer Financing: Cash

More Information

Meter Information

Separate Electric Meters YN: Yes

Income and Expenses

Gross Income: 66600
Net Operating Income: 50636
Total Expenses: 15964

Ceiling Fan Details

Number Of Ceiling Fans: 2

Storm Protection

Impact Glass: Complete

Unit 1 Details

Actual Rent: 2200
Baths Full: Yes
Efficiency YN: No
Furnished: Furnished

Unit 1 Lease Description

Occupant Type: Owner

Unit 1 Parking Details

Carport YN: Yes

Unit 2 Details

Actual Rent: 1300
Baths Full: Yes
Efficiency YN: Yes
Furnished: Furnished

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 2050
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 3 Parking Details

Carport YN: Yes

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: Yes
Seller Concessions Amount: 3000

Price Calculations

Current Price To SqFt: 386.71

Section Details

Parcel Number MLX: 2390

Originating Details

Originating System Key: 342571009
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Electric

Circuit Breakers: Yes

Exterior Features

Lighting: Yes
Other: Yes

Flooring

Tile: Yes

Property Condition

Resale: Yes
Updated/Remodeled: Yes

Documents Available

Copy Of Lease(s): Yes
Existing Survey: Yes
Financial Statement: Yes
Investment Analysis: Yes
Rent Rolls: Yes

Fencing

Fenced: Yes

Structure Type

Duplex: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Electric: Yes
Separate Meters: Yes

Sprinkler Description

Manual Sprinkler: Yes
Well Sprinkler: Yes

Construction Materials

Block: Yes
Brick: Yes

Green Indoor Air Quality

Ventilation: Yes

Laundry Features

Outside: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Fruit Tree(s): Yes

Roof

Spanish Tile: Yes

Water Source

Public: Yes

Cooling

Electric: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Outdoor Living Spaces

Patio: Yes
Porch: Yes

Porch Details

Porch - Open: Yes

Contingencies

Inspection: Yes

Unit 1 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes
Other: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Window Coverings: Yes

Unit 1 Rooms

Family Room: Yes
Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Other: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Window Coverings: Yes

Unit 2 Parking Features

On Street: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 3 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes
Other: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Window Coverings: Yes

Documents

Zoning Details ›

Listing Office: United Realty Group Inc

Last Updated: August - 11 - 2026

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7201 NE 5th Avenue, Miami, FL 33138 (MLS# A10809265)