CENTURY 21 Edge
$1,049,0003 bd4 ba0 sqft$6,589 /mo all-in ↓

5116 NW 3rd Ave, Miami FL 33127, MIAMI, FL, 33127

Active81 days on marketListed May 22, 2026MLS #A12023960

New constructionSingle Family ResidenceRAILWAY SHOPS ADDN 2ND AM

About this home

5116 NW 3rd Ave, Miami FL 33127

Introducing the masterpiece of Buena Vista — a brand-new construction residence that redefines modern luxury. This exceptional home offers 3 bedrooms, 3 full bathrooms, and 2 half baths with premium developer upgrades throughout. Designed with elegance and natural light in mind, the home features soaring 10-foot ceilings and floor-to-ceiling Low-E impact windows. Expansive double patio doors create a seamless indoor-outdoor flow, blending sophisticated interior spaces with resort-style outdoor living. The chef’s kitchen is a true centerpiece, showcasing sleek custom cabinetry, premium appliances, a hidden pantry, and striking black rail accents for a refined modern aesthetic. The luxurious primary suite offers a custom illuminated glass closet and a spa-inspired bathroom complete with massage jets and an oversized rain shower. Outdoor living is designed for relaxation and entertaining, featuring a private pool and spa with massage features, a covered terrace, surrounded by lush landscaping and beautiful mature trees. Additional features include: Porcelain tile flooring throughout Floor-to-ceiling porcelain bathroom walls Custom vanities Finished custom closet carpentry Spacious upstairs laundry room with sink and porcelain countertops 1-car garage 2 additional outdoor parking spaces A rare opportunity to own a thoughtfully designed modern residence in one of Miami’s most desirable neighborhoods.

Facts & features

The home at a glance

3

Bedrooms

4

Bathrooms

0

Sqft

1

Garage

2026

Year built

None view

Inside

FlooringTile
AppliancesDishwasher · Dryer · Electric Water Heater · Microwave · Electric Range · Refrigerator · Washer
InteriorFirst Floor Entry · Built-in Features · Closet Cabinetry · Cooking Island · Custom Mirrors · Pantry · Walk-In Closet(s) · Family Room
CoolingCentral Air
HeatingCentral

Outside & construction

RoofFlat Roof With Facade Front
ConstructionCBS Construction
ViewNone
FacesEast
ParkingDriveway
ExteriorOpen Balcony

Community & fees

Taxes (2025)$4,500/yr
CommunityNone

Utilities & systems

WaterMunicipal Water

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$6,589 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$5,660
PMI (est., until 20% equity)$393
Property tax — 2025 actual bill$375
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $104,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $104,900
Interest rate6.00%
Loan term

Estimated payment

$6,589/mo

Principal & interest$5,660
PMI (est., until 20% equity)$393
Property taxes (actual bill)$375
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Little Haiti

Map of 5116 NW 3rd Ave, Miami FL 33127 inside its neighborhood boundary

Get to know Miami. See the full Miami guide →

Little Haiti — neighborhood snapshot

Population

29,864

Median age

38

Median income

$49,597

Median home value

$568,827

Avg household

3

Households w/ children

3,355

For the school run

Dade County School District

ElementaryToussaint L'Ouverture Elementary★★★★★
MiddleJose De Diego Middle School★★★★★
District Instructional Center (Dic)
HighBooker T. Washington Senior High★★★★★
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami market

Seller’s marketLeans buyer18.3 months of inventoryBuyer’s market

$508K$590K

Miami median sold, yr/yr

97.6%

Sale-to-list ratio (12 mo)

Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 145% above the MIAMI 33127 median. See the full Miami market guide →

Paper trail

This home's history

May 22, 2026Listed at $1,049,000 · 81 days on market since
2026Built · RAILWAY SHOPS ADDN 2ND AM

Reality check

What actually sold near 5116 NW 3rd Ave

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

535 NW 52nd St, Miami FL 33127Sold · Apr ’26

$1,165,000

535 NW 52nd St, Miami FL 33127 · same community

4 bd · 3 ba · 105 DOM

85 NW 52nd St, Miami FL 33127Sold · Mar ’26

$590,000

85 NW 52nd St, Miami FL 33127 · same community

2 bd · 1 ba · 804 sqft · $734/sqft · 21 DOM

598 NW 53rd St, Miami FL 33127Sold · Jun ’26

$550,000

598 NW 53rd St, Miami FL 33127 · same community

2 bd · 1 ba · 948 sqft · $580/sqft · 16 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Kemarie Johnson

Your agent

Kemarie Johnson

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 5116 NW 3rd Ave — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5116 NW 3rd Ave — before you fall in love.

See it in person

Schedule a tour

Live availability from Kemarie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

5116 NW 3rd Ave FAQs

What would the monthly payment be for 5116 NW 3rd Ave, Miami FL 33127?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,589/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 5116 NW 3rd Ave, Miami FL 33127?+

The most recent tax bill on record (2025) was $4,500. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Miami?+

At $1,049,000, this home is listed about 72% above the Miami median of $610,000. The market section on this page shows how the area is trending.

Which schools are assigned to 5116 NW 3rd Ave, Miami FL 33127?+

Toussaint L'Ouverture Elementary (elementary), Jose De Diego Middle School (middle), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of Barcelo Realty Corp · Michael Venereo. MLS #A12023960.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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