7020 NE 5th Ave, Miami FL 33138
About this home
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.
Features
- First Floor Entry
- Split Bedroom
- Attic
- Utility Room/Laundry
- Garden
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,994
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.