5204 N Miami Ave, Miami, FL 33127
- Added:
- May 3, 2026
- Days on Market:
- 67
- Last Refresh:
- Jul 8 at 11:06 am
Property Features for 5204 N Miami Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Rooms
- Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 7, Bedroom 6
- Parking
- 3
- Standard status
- Active
- APN
- 01-31-24-013-0780
- Size
- 2,943 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- RAILWAY SHOPS ADDN 2ND AMD PB 3-183 LOT 24 LESS E10FT BLK 4 LOT SIZE 49.910 X 144 OR 11967-279 1183 1
- Tax Annual Amount
- 20602
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic
- Building materials
- Block
- Roof type
- Shingle
Listing agent Hilal Borque License #3256299 (305) 699-3073
Listing office Borque Group Realty, LLC. 407 Lincoln rd 2e, Miami, FL (305) 699-3073
Listing date May 3, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑unit property at 5204–5206 N Miami Ave with public water and public sewer
- Built in 1964 with block construction and a shingle roof
- Ceramic tile flooring throughout
- Cooling provided by wall/window unit(s) (window unit(s))
- T‑commercial zoning supports retail, office, or service‑based uses (flexible zoning)
Overview
The property is located on N Miami Ave in Miami, Florida, within Miami-Dade County. The listing remarks describe the site as being on a high-traffic commercial corridor, with surrounding commercial activity including new projects, restaurants, and creative businesses.
For tenants, buyers, or operators, the zoning flexibility and two-unit configuration provide options to tailor the space to retail, office, or service needs while keeping operations consolidated on one parcel. This layout can also be attractive to owner-users looking to occupy one unit while leasing the other, subject to confirming specific zoning requirements and permitted uses with the appropriate local authorities.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.9k | $51.96 |
| − Vacancy | −$15.8k | −$5.35 |
| EGI | $137.2k | $46.61 |
| − OpEx | −$41.2k | −$13.98 |
| NOI | $96.0k | $32.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.196041
- Latitude
- 25.823681
