5200 Northwest 7th Avenue

Miami, FL 33127

$675,000
Price
3
Beds
1
Bath
1,243 Sq. Ft.
$543 / Sq. Ft.
1,243
Sq. Ft.
$543
per Sq. Ft.

Description

Fully remodeled 3 bed/2 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor. Opportunity to develop up to 11 units of mixed-income housing, with plans underway. With potential of generating over $30K annually without further improvements, this property is perfect for a developer looking to leverage strong rezoning incentives while capitalizing on short-term income as the neighborhood thrives. Currently fully rented at $2,800 to a reliable tenant using it as an office, willing...Fully remodeled 3 bed/2 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor. Opportunity to develop up to 11 units of mixed-income housing, with plans underway. With potential of generating over $30K annually without further improvements, this property is perfect for a developer looking to leverage strong rezoning incentives while capitalizing on short-term income as the neighborhood thrives. Currently fully rented at $2,800 to a reliable tenant using it as an office, willing to stay or vacate if needed.
  1. Listed by Bruno Cattorini • City Group Consulting, LLC

Property Details for 5200 Northwest 7th Avenue

Subdivision
BOWLING GREEN
Style
R30-No Pool/No Water
Waterfront
No
View
None
Area
31
Auction
No
Sq Ft Total
1375
Sq Ft Liv Area
1243.0

Location

Listing Courtesy of City Group Consulting, LLC
Add your commute
LISTING UPDATED: 05/17/2024 09:17 AM

Property Details for 5200 Northwest 7th Avenue

StatusActive
MLS #A11586242
Days on Market20
Taxes$8,530 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single
Year Built1920
Lot Size0.11 AC / 4,800 SF
CountyMiami-Dade County

Location

Listing Courtesy of City Group Consulting, LLC
Add your commute

Building Information for 5200 Northwest 7th Avenue

Stories1Year Built1920Building Size-Lot Size0.11 AC / 4,800 SF

Payment Calculator

$4,395 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,684

Property Taxes

$711

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5200 Northwest 7th Avenue

Location Information
Location Information
  • Parcel Number Free Text: 01-31-23-006-0250
  • Parcel Number MLX: 0250
  • MLS Area: 31
  • Municipal Code: 1
  • Township Range: 31
  • Section: 23
  • Subdivision Number: 6
  • Subdivision Complex Bldg: BOWLING GREEN
  • Zoning Information: 6101
General Information
Parking
  • Num Garage Spaces: 3
  • Parking Description: Street Parking
General Information
  • Front Exposure: South
  • Housing Older Persons Act: Unverified
  • Property Sq Ft: 4800
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Design: Attached
  • Design Description: One Story
  • Construction: CBS Construction, Stucco Exterior Construction
  • Construction Type: CBS Construction, Stucco Exterior Construction
  • Roof Description: Shingle Roof
  • Flooring: Vinyl Floors
  • Floor Description: Vinyl Floors
  • Directions: From I-95: Take exit 8A towards NW 62nd St. Turn left onto NW 62nd St. Turn left onto NW 7th Ave. The property will be on your right at 5200 NW 7th Ave.
Room Information
Room Information
  • Rooms Description: Den/Library/Office, Family Room
  • Bedroom Description: At Least 1 Bedroom Ground Level
Additional Property Information
Utilities
  • Heating Description: Window/Wall
  • Cooling Description: Wall/Window Unit Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
Additional Property Information
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry
  • Equipment Appliances: Electric Range, Refrigerator, Security System Leased
  • Exterior Features: Shed
  • Subdivision Information: No Subdiv/Park Info
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions, Tax Reflects No Homestead Tax

Property History for 5200 Northwest 7th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5200 Northwest 7th Avenue

Taxable ValueLand$480,000Additions$24,798Total$504,798
Tax Record2023$8,530 ($711 / month)
Home Facts
Beds2Total Finished SqFt1,243 SqFtAbove Grade Finished SqFt1,243 SqFtStories1Lot Size4,800 SqFtStyleSingle Family ResidenceYear Built1920Zoning6101CountyMIAMI-DADEAPN01-3123-006-0250

Schools near 5200 Northwest 7th Avenue

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lenora Braynon Smith Elementary School
PublicPK to 5

Georgia Jones Ayers Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5200 Northwest 7th Avenue is a single family home for sale in Miami, FL 33127. This property was listed for sale on May 13, 2024 by City Group Consulting, LLC, it's currently listed at $675,000. It has been on the market for a total of 20 days and was last sold on July 30, 2021. This listing's school district is Miami-Dade. Nearby schools include Lenora Braynon Smith Elementary School, Air Base K-8 Center for International Education and Georgia Jones Ayers Middle School. 5200 Northwest 7th Avenue is a 3-bed, 1-bath, 1,243 sqft single family home built in 1920.

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Listing Courtesy of City Group Consulting, LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.