Price Reduction
Address
5181 Nw 5th St, Miami, FL
Price
$ 730,999
Property Attributes
- MLS#A11948079
- TypeIncome
- Listing Status Active
- CountyMiami-Dade
- CityMiami
- Area41
- NeighborhoodFLAGLER GROVE ESTATES EXT
- Zip33126
- Style
- Year Built1959
- Taxes$ 10193
- Price$ 730,999
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1806
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
Prime Miami Development Opportunity! Seller Offering a new roof credit at closing. Existing duplex in a highly desirable central Miami location near MIA Airport, Brickell, Downtown, Coral Gables, and major expressways. Potential redevelopment opportunity with zoning/land use reportedly allowing 2–9 units. Ideal for developers, investors, or land-bank buyers seeking strong upside in a growing market. Existing structure may provide rental income while future plans are explored. Sold As-Is. Buyer to verify all development potential.
| Price History | |
|---|---|
| 1/19/2026 | Listed $650,000 |
| 1/30/2026 | 15$750,000 |
| 7/27/2026 | 1$740,000 |
| 8/27/2026 | 1$730,999 |
General Features
| Sewer | Other |
|---|---|
| Heating | Central,Wall Furnace |
| Cooling | Central Air,Ceiling Fan(s),Wall/Window Unit(s) |
| Utilities | Cable Not Available |
| Possession | Close Plus |
| Roof | Other |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1959 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Duplex |
| Tax Year | 2025 |
| County | Miami-Dade |
| Property Type | Residential Income |
| Subdivision Name | FLAGLER GROVE ESTATES EXT |
| Rent Includes | None |
| Full Baths | 1 |
| Status | Active |
| City | Miami |
| Zoning Description | 5700 |
| Number Of Units Total | 1 |
| MLS Area | 41 |
| Lot Size Units | Square Feet |
| Listing Terms | Cash,Conventional |
| Year Built Details | Resale |
| Tax Annual Amount | 10193 |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11948079 |
| Standard Status | Active |
| Occupancy Type | Owner |
| Property Sub Type Additional | Duplex |
| PostalCity | Miami |
| Legal Description | 6 54 41 PB 8-98 FLAGLER GROVES ESTS EXTN LOT 11 LOT SIZE 50.000 X 139 OR 15947-2503 0493 5 |
Interior Features
| Flooring | Terrazzo |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 2 |
Exterior Features
| Lot Features | < 1/4 Acre |
|---|---|
| Total Parking | 3 |
| Spa | false |
| Building Area Total | 3003 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33126
Price
Taxes
Year Built
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Data Last Updated: September 18, 2026 11:54 PM UTC
Palm Beach Board of Realtors MLS® (PBBORMLS) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
