Miami Avenue Multifamily Homes Sold

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Miami Avenue, 5650 N Miami Ave, Miami, Florida 33127, image 1
Sold - Mar 19, 2026
$395,000
  • 0.13 Acres
  • $3,038,462/Acre
Land sold in Miami Avenue
5650 N Miami Ave, Miami, FL 33127
5670 sq ft vacant lot located on miami ave , zoned t4-r (multi-family) .Prime location between the miami design district and the upcoming magic city district .Excellent opportunity for developers and investors .Zoning allows potential development of a single-family, duplex , multi-family or commercial use (buyer to verify). Concept renderings shown are for illustrative purposes only and do not represent approved plans.
Miami Avenue, 5550 N Miami Ave, Miami, Florida 33127, image 1
Pending
$569,900 $20K
  • 1,564 SqFt
  • $364/SqFt
Multifamily for sale in Miami Avenue
5550 N Miami Ave, Miami, FL 33127
A prime investment opportunity in one of miami’s most sought-after neighborhoods! This duplex, zoned multifamily 2–9 units (2 living units), is ideally situated on north miami avenue—just minutes from the vibrant wynwood district, known for its top-tier restaurants, art galleries, and boutique shops. Both units feature 2 bedrooms and 1 bathroom, each with its own separate electric meter. The property offers parking on both sides, providing convenience for tenants. Its central location delivers quick access to major expressways, downtown miami, midtown, design district, and south beach. Currently, both units are rented month-to-month, presenting excellent upside potential. Rents are below market value, and with updates, the units can command significantly higher rental income.
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Nearby Subdivisions
(0.07 miles)
For Rent (2)
$3.7K - $3.8K
(0.09 miles)
(0.13 miles)
For Sale (1)
$499K - $499K
For Rent (1)
$2.2K - $2.2K
(0.15 miles)
For Sale (1)
$199.5K - $199.5K
For Rent (1)
$2.1K - $2.1K
(0.18 miles)
For Rent (1)
$3.3K - $3.3K
Schools
Scores
Walk Score®
Very Walkable. Most errands can be accomplished on foot.
87

100
Transit Score®
Good Transit. Many nearby public transportation options.
52

100
Bike Score®
Very Bikeable. Biking is convenient for most trips.
70

100
Sound Score®
Very loud.
68

100
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