Home » Properties » 7020 NE 5th Ave, Miami FL 33138

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Charming 2-Bedroom Home in Baywood, Miami

Renovated 2-bed, 2-bath single family home with spacious backyard, impact windows, and central AC in prime Miami location.

$839,000

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MLS #A11760322

Listing Updated: 2026-06-26 00:27:26

Listed By: Douglas Elliman

Overview

This renovated single family residence at 7020 NE 5th Ave offers 2 bedrooms and 2 bathrooms across 1227 sqft of living space. Featuring a first-floor entry, split bedroom layout, and an attic, the home combines classic charm with modern updates. The kitchen has been updated and the wood floors add warmth throughout. Impact windows and doors provide added security and energy efficiency. The open living and family areas create a welcoming environment, complemented by a spacious backyard ideal for outdoor activities. Located in the heart of Baywood, the property is conveniently situated just 15 minutes from the beach and airport, and 10 minutes from Downtown Miami.

Property Highlights

Renovated 2-bedroom, 2-bath home; spacious backyard; impact windows and doors; central AC; updated kitchen; wood floors; open living/family area; 2-car driveway; prime Baywood location.

Property Details

City: Miami

State: FL

Zip Code: 33138

Address: 7020 NE 5th Ave, Miami FL 33138

Year Built: 1936

Property Type: Residential

Property Sub Type: Single Family Residence

Listing Office Name: Douglas Elliman

County: Miami-Dade County

Garage Spaces: 2

Parking Features: Driveway

Interior Features: First Floor Entry, Split Bedroom, Attic

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $9,648

Days On Market: 451 Days

Original Listing Description

Renovated home located in the heart of Baywood, 2 bedroom 2 bath with spacious backyard. Impact windows and doors, central AC, updated kitchen, wood floors, open living/family area. Amazing location, 15 minutes to the beach, 15 minutes to the airport, 10 minutes to Downtown.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

7020 NE 5th Ave, Miami FL 33138

About This Neighborhood

Baywood is a vibrant Miami neighborhood known for its residential charm and accessibility. Residents enjoy a peaceful environment while being close to key city hubs. The area offers a blend of older homes and renovated properties, providing diverse housing options. Its location allows easy access to beaches, airports, and downtown, making it a practical choice for families and professionals.

Walkability & Lifestyle

Baywood offers a walkable environment with access to local shops, restaurants, and parks. Residents can enjoy nearby beaches and waterfront areas within a short drive. The neighborhood’s layout supports daily errands and recreational activities on foot or by bike, enhancing convenience and lifestyle quality.

Things To Do Nearby

Living in Baywood means easy access to Miami’s vibrant lifestyle. Residents can explore nearby beaches, marinas, and parks for outdoor recreation. Dining options and entertainment venues in the area add to the neighborhood’s appeal. Proximity to Downtown Miami provides cultural attractions, shopping, and nightlife within minutes.

Nearby Schools

Baywood residents benefit from access to several nearby schools offering a range of educational programs. The neighborhood’s location ensures convenient commutes to local schools, making it suitable for families with children. Educational facilities in the area support a community-focused lifestyle with various options for different age groups.

Why Buyers Like This Area

Buyers appreciate Baywood for its blend of tranquility and accessibility. The neighborhood offers a balanced lifestyle with updated homes and outdoor space. Its location near major transport routes, beaches, and downtown Miami makes it a practical and comfortable choice. The mix of classic charm and modern amenities appeals to a broad range of buyers.

Investment Potential

This Baywood property offers a well-maintained residence in a sought-after Miami neighborhood. Its proximity to major attractions like the beach, airport, and Downtown Miami adds to its appeal for buyers and renters alike. The spacious backyard and updated features enhance usability and tenant interest. Buyers looking for a home with classic charm and modern amenities in a convenient location will find this property attractive.

Market Trends

The Miami real estate market in Baywood reflects steady demand driven by its strategic location and neighborhood appeal. Properties with updated features and good outdoor space tend to attract consistent interest. The area's inventory includes a mix of historic and renovated homes, appealing to a wide range of buyers. Long-term interest remains stable due to the neighborhood’s connectivity and lifestyle benefits.

Rental Income Potential

Properties like this one in Baywood generally attract tenants seeking comfortable living close to Miami’s key amenities. The home's updated kitchen, central AC, and spacious backyard contribute to its rental appeal. Seasonal demand and the neighborhood’s accessibility to beaches and downtown can support steady tenant interest, making it a viable option for those considering rental opportunities.