Multifamily in Miami, FL 33127
Miami Avenue, 5550 N Miami Ave

Beds
1,564
SqFt
$336
$/SqFt
Premium MultifamilyProperty Type
1970Year Built
$336/SqFtPrice per sq ft
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.
Listing Courtesy Of: Ancona Real Estate Inc
Local Realty Services Provided By: Best of Luxury Realty
On Site: 348 DaysUpdated: 65 Days agoPage Views: 0

Features

MLS Number: A11916473
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Terrazzo
        • Year Built: 1970
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-11-18T15:53:34.000-00:00
          Taxes, Fees & More
          • Taxes: 6735

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          Price History

          Current
          $525K
          High
          $590K
          Low
          $525K
          Total Change
          -11%
          $598K$557K$517KNov 25Jan 26Jan 26Apr 26
          Date
          Event
          Price
          Change
          Price Per
          04/10/2026
          Sold
          $525K
          0%
          $336 ft2
          $3,613 m2
          01/27/2026
          Price Reduced
          $525K
          -7.88%
          $336 ft2
          $3,613 m2
          01/27/2026
          Price Reduced
          $570K
          -3.39%
          $364 ft2
          $3,922 m2
          11/18/2025
          Listed
          $590K
           
          $377 ft2
          $4,060 m2
          04/10/2026
          $525K
          Event
          Sold
          Change
          0%
          Price Per
          $336 ft2
          $3,613 m2
          01/27/2026
          $525K
          Event
          Price Reduced
          Change
          -7.88%
          Price Per
          $336 ft2
          $3,613 m2
          01/27/2026
          $570K
          Event
          Price Reduced
          Change
          -3.39%
          Price Per
          $364 ft2
          $3,922 m2
          11/18/2025
          $590K
          Event
          Listed
          Price Per
          $377 ft2
          $4,060 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Jordaniel Nunez • Ancona Real Estate Inc • Buyer Agency Compensation .

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          Community Snapshot
          991 - 3,635
          SqFt Range
          1953
          Year Build

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