7020 NE 5th Ave, Miami, FL 33138 — MLS photo

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7020 NE 5th Ave, Miami, FL 33138

Active · SingleFamilyResidence

$749,900

7020 NE 5th Ave, Miami, FL 33138

Beds
2
Baths
2
Living area
1,227 sq ft
$ / sq ft
$611/sq ft
Year built
1936
Lot size
5,500 sq ft
HOA fee
—
Annual tax
$10,974

About this property

Welcome to this spacious and updated 2-bedroom, 2-bath home offering 1,227 square feet of comfortable living on a beautifully landscaped 5,500-square-foot lot. The open floor plan is filled with natural light and features wood flooring, an updated kitchen, impact windows and doors, and central air conditioning. The fully fenced backyard provides a private outdoor retreat, complete with a wooden deck shaded by mature trees; an inviting space for relaxing, entertaining, or enjoying South Florida's year-round sunshine. A long driveway offers ample parking for multiple vehicles, adding everyday convenience. Ideally situated in Miami's Little River area, this home is just minutes from the Design District, Wynwood, Midtown Miami, Miami Shores, and Downtown Miami, with convenient access to major highways, shopping, dining, parks, and the beaches. Combining comfort, functionality, and an exceptional location, this property offers the best of South Florida living.

Interior & exterior features

Appliances

  • Built In Oven
  • Dishwasher
  • Electric Range
  • Refrigerator

Cooling

  • Central Air
  • Electric

Heating

  • Central
  • Electric

Views

  • Garden

Parking

  • Driveway

Interior features

  • Breakfast Bar
  • Bedroom On Main Level
  • Dual Sinks
  • First Floor Entry
  • Living Dining Room
  • Split Bedrooms
  • Shower Only
  • Attic

Exterior features

  • Deck
  • Fence
  • Security High Impact Doors
  • Shed

Pool

  • None

Flooring

  • Hardwood
  • Wood

roof

  • Shingle

construction

  • Brick
  • Block

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,063

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-6.1%
Gross yield
6.8%
Mortgage payment
$3,555/mo
Down payment
$187,475
Loan amount
$562,425
Annual NOI
$29,904

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.