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Single Family Residence
$515,000$426 / sqft
11831 NW 5th Ave, Miami FL 33168
Listed
3
Bedrooms
1
Bathrooms
1,208 sqft
Interior
1950
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to this renovated 3-bedroom, 1-bathroom home offering comfort, style, vaulted ceilings and major system upgrades. The updated kitchen provides a fresh, modern feel, while the plumbing has been upgraded to PVC—no cast iron. Additional improvements include a new septic tank, updated electrical components and a tankless water heater installed in 2020. The spacious backyard sits on 8824 sq. ft. making it perfect for entertaining. It features a beautiful deck, an above-ground pool, and an additional area ideal for outdoor seating, grilling, or gatherings. Home can be divided to separate an efficiency for extra income. Conveniently located near I-95, this home provides quick and easy access for commuting, shopping, dining, and more. Move-in ready and packed with valuable upgrades—this is one you won’t want to miss!
Features
- First Floor Entry
- Den/Library/Office
- None
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$6,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.