South Florida
Miami Avenue, 5500 N Miami Ave, Miami, FL 33127
$3,250,000Price
3,635SqFt
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Details
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Status:
Active
Size: 3,635 SqFt (338 m2)
Price: $894/SqFt ($9,624/m2)
Type: Multi Family
Built: 1953
MLS Number: A11823235
On Site: 45 Days
Updated: 44 Days ago
Page Views: 0
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.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Other
- Cooling Description: Other
Building and Construction
- Floor Description: Other
- Year Built: 1953
- Year Built Description: Effective Year Built
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-06-16T15:53:53.000-00:00
Taxes, Fees & More
- Taxes: 11833
Price History
06/16/2025
Date
Listed
Event
$3.3M
Price
$894 ft2 / $9,624 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alfredo Riascos • Gridline Properties • Buyer Agency Compensation .
Instant Comps
$NaN/ft²
Unit 5500 N Miami Ave – Asking
$894/ft²
(0%) from Closed Medium $/ft²
Closed Medium $/ft²
$NaN/ft²
Community $/Price Range (Closed) $NaN/ft² – $NaN/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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