3675 NW 5th St, Miami, FL 33125
- Added:
- Jun 17, 2026
- Days on Market:
- 15
- Last Refresh:
- Jul 1 at 3:06 pm
Property Features for 3675 NW 5th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 3
- Parking
- 4
- Standard status
- Active
- APN
- 01-41-04-023-0090
- Size
- 1,970 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 4 54 41 TWELFTH STREET MANORS PB 5-59 LOTS 9 & 12 BLK 2 LOT SIZE 50.000 X 105
- Tax Annual Amount
- 8973
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Tile
Listing agent Wendy Read License #3164003 (305) 773-5935
Listing office Keller Williams Capital Realty 550 Biltmore Way PH2, Coral Gables, FL (305) 662-7325
Listing date Jun 17, 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
- Income‑producing duplex with an additional efficiency unit
- Tenant‑occupied property with long‑term tenants in place
- 2 separate FPL meters
- Built in 1960 with block construction
- Tile flooring throughout and tile roof
- Public utilities: public water and public sewer; cable available
Overview
The asset is located in a central Miami setting, with convenient access to transportation, shopping, and major roadways as noted in the remarks. The combination of central placement and established tenant occupancy may appeal to buyers seeking a current-operations setup.
For investors, this configuration can support a multi-unit rental strategy within a single property, with the added flexibility provided by two separate electric meters. With tenants already in place, ownership provides immediate rental continuity rather than requiring a lease-up period. The remarks also indicate rents are currently below market, which may be a consideration for buyers evaluating potential rent adjustments over time.
Local Financial Insights For Multifamily LT 5
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 | $60.3k | $30.60 |
| − Vacancy | −$3.8k | −$1.95 |
| EGI | $56.4k | $28.65 |
| − OpEx | −$16.9k | −$8.60 |
| NOI | $39.5k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.255161
- Latitude
- 25.777758
