6951 NW 5th Ct Miami, FL 33150
Property details
About 6951 NW 5th Ct
<HIGHEST BY 7/31>Incredible Investment Opportunity! Oversized Triplex on Massive Lot in Prime Miami – High Rental Potential with NO HOA! This is a rare chance to secure a versatile, income-producing triplex on one of the largest lots in the neighborhood—perfect for a cash buyer investor looking for long-term returns or a multi-use setup with endless potential. Located on a quiet street in one of Miami’s fastest-developing areas, this property offers both immediate functionality and room to grow. Situated on a fully fenced, lushly landscaped lot, this unique setup features two large buildings divided into three separate units, each with its own private entrance, individual electric meters, and separate water meters. Previously used as an assisted living facility, the layout is ideal for multi-generational living, long-term rentals, or repurposing for specialized residential care. One unit has been beautifully renovated, showcasing luxury vinyl plank flooring, solid wood cabinets, white countertops, and a modern bathroom with marble-look tile, rainfall showerhead, and upgraded vanity. The other two units are clean and fully functional, with light cosmetic updates offering the opportunity to maximize rental income quickly. Outside, the expansive lot features a long, wide driveway with ample off-street parking, vibrant landscaping, and tons of space for lounging, storage, gardening, or even future additions. There's plenty of street parking, and the layout provides flexibility to expand or further optimize the property. Major capital improvements are already done: new roofs installed on all buildings in 2018, and A/C replaced the same year. Electrical and plumbing are in solid working order, giving you a reliable foundation to build on. Zoned for flexibility and with NO HOA restrictions, this is the ideal property for a cash investor looking to add value, generate immediate income, or hold as a long-term appreciating asset. The location is just minutes from downtown, the airport, restaurants, and retail—offering both quiet residential appeal and easy access to Miami’s core. Whether you’re buying to rent, expand, or customize for multi-family or specialty use, this property checks every box. Schedule your showing today and secure a rare, cash-flow-ready asset in the heart of Miami.
Highlights
Virtual tour
Summary
- Interior: Other
- Total Bedroom Count: 7
- Private Pool: No
- Exterior: Other
- Heating: Central, Electric, Ductless
- Cooling: Central Air, Wall/Window Unit(s)
- List Price: $644,999
- Price/SqFt: $287
- HOA Amount: $0
- Annual Tax Amount: $7,271
- Tax Year: 2023
- Directions: Continue on SR?112 East past I-95, still on the toll road for approximately 7 miles Take exit NW?7th Ave / NW?2nd Ave (a local exit after passing I-95). Continue north on NW?7th Ave until you reach NW?5th Ct. Make a left onto NW?5th Court, then drive a short block to 6951 NW?5th Ct (on your left).
- Year Built: 1947
- Living Area: 2,244 SqFt
- Lot Size: 0.31 Acres
- MLS Number: TB8405925
- MLS Name: MFRMLS
- Office Name: RICHARD PETERS REALTY LLC
- Listing Agent: Ronald Ryder
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 08, 2007 | Home Sold | $222,400 |
| Jul 11, 2003 | Home Sold | $183,000 |
| Dec 30, 2002 | Home Sold | $65,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $340,128 | $7,271 |
| 2022 | $330,222 | $7,081 |
| 2021 | $320,604 | $7,081 |
| 2020 | $249,173 | $7,064 |
| 2018 | $126,834 | $4,297 |
| 2017 | $191,436 | $4,115 |
History based on county public records data.
Nearby schools
6
Edison Park K-8 Center
Public District PK-5
0.2 mi
•500 NW 67th St
4
Jesse J. McCrary, Jr. Elementary School
Public District PK-5
0.4 mi
•514 NW 77th St
4
Holmes Elementary School
Public District PK-5
0.7 mi
•1175 NW 67th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,467. Residents of Miami, FL typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Frequently asked questions
About 6951 NW 5th Ct
The listing price of 6951 NW 5th Ct property is $644,999.
The property 6951 NW 5th Ct is a multi located in Miami, Florida, 33150.
Active Listing: 6951 NW 5th Ct is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 6951 NW 5th Ct are: Edison Park K-8 Center (GreatSchools Rating 6/10), Jesse J. McCrary, Jr. Elementary School (GreatSchools Rating 4/10), Holmes Elementary School (GreatSchools Rating 4/10), Horace Mann Middle School (GreatSchools Rating 4/10), Georgia Jones-Ayers Middle School (GreatSchools Rating 3/10), Mater Academy Middle School of International Studies (GreatSchools Rating 5/10), Miami Edison Senior High School (GreatSchools Rating 5/10), Miami Northwestern Senior High School (GreatSchools Rating 5/10), Itech@Thomas a Edison Educational Center (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $7,271 (source: MLS/based on county public records data).
The last sale was on February 8, 2007 for $222,400 (source: MLS/tax record).
The property 6951 NW 5th Ct is 2,244 SqFt (source: MLS/tax record).
The year of construction for 6951 NW 5th Ct is 1947.
This home is located at 6951 NW 5th Ct in Miami, FL and zip code 33150 in the Buena Vista neighborhood. This 2,244 square foot home, which was built in 1947, sits on a 0.31 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $644,999.
While more than 48 listings in Miami, FL in June 2025 were sold above asking price, there were more than 103 listings sold at asking price, and more than 570 were sold below. In June 2025 in Miami, FL there were 7.1% more homes for sale than in May. In June 2025 median list price was $589,216 and the average listing age was 75 days.