Miami, FL 33127,5500 N Miami Ave
Miami, FL 33127,5500 N Miami Ave
Miami, FL 33127,5500 N Miami Ave
6
See all 6 photos
$3,250,000
Est. payment /mo
3,635 SqFt
New

5500 N Miami Ave Miami, FL 33127

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,635 sqft

Price per Sqft $894

Subdivision Miami Ave Sub

MLS Listing ID A11823235

Style Fourplex

Construction Status Effective Year Built

HOA Y/N No

Year Built 1953

Annual Tax Amount $11,833

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

This fully renovated 17-unit multifamily property is located in Miami's thriving Little River submarket
and presents a prime investment opportunity.
All the units have undergone extensive upgrades, including new roofs, hurricane-impact
windows/doors, modern electrical systems, and fully remodeled kitchens and bathrooms. Making
the property turn-key and minimizing maintenance costs.

The property has ample parking.The property generates a net operating income of $198,000, and yields a capitalization rate of 6.08%
the asking price. Its strong financial performance and prime Buena Vista location present an opportunity for investors seeking stable returns in a rapidly appreciating area.

Location

State FL

County Miami-dade

Community Miami Ave Sub

Area 30

Interior

Heating Other

Cooling Other

Flooring Other

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Other

Total Parking Spaces 16

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Other

Architectural Style Fourplex

Level or Stories One

Structure Type Other

Construction Status Effective Year Built

Others

Tax ID 01-31-13-054-0030

Acceptable Financing Other

Listing Terms Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11823235


Listed by Gridline Properties

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agent

Anthony Guerriero

Broker

+1(646) 376-8752

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5500 N Miami Ave

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