Tranquilla, 121 NE 55th St Miami, FL, 33137

$1,975,000Price
4,176SqFt

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Size: 4,176 ft2 / 388 m2
Price: $473 ft2 / $5,091 m2
Built: 1924
MLS Number: A11679941
On Site: 91 Days
Updated: 91 Days ago
Page Views: 0
This fully rented 8-unit building is a prime investment opportunity! Recently renovated with room for rent increases, it currently generates $12,700 in gross income with a projected gross income (pgi) of $14 to $15k. Managed by the owner with very low expenses, this property offers great cash flow potential. located in a rapidly developing area with major changes and new multifamily construction on the horizon, this property has incredible future upside. Don’t miss out on this fantastic investment in one of miami’s hottest growing neighborhoods!
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Price History
10/21/2024

Date

Listed

Event

$2M

Price

$473 ft2 / $5,091 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Ouri Kahn • City Group Consulting, LLC • Buyer Agency Compensation .

Instant Comparative Market Analysis
$200/ft²
$300/ft²
$500/ft²
$600/ft²

Unit 121 NE 55th St – Asking

$473/ft²

(+26%) from Closed Medium $/ft²

Closed Medium $/ft²

$375/ft²
Community $/Price Range (Closed) $375/ft² – $375/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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