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.
For sale
$3,250,000
5500 N Miami Ave, Miami, FL 33127
1beds
2baths
3,635sqft
Est.:
Quadruplex
Built in 1953
-- sqft lot
$-- Zestimate®
$894/sqft
$-- HOA
What's special
Modern electrical systemsNew roofsAmple parkingExtensive upgradesFully remodeled kitchens
- 61 days
- on Zillow |
- 50 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 10:07pm
Listed by:
Alfredo Riascos 786-325-5647,
Gridline Properties
Source: MIAMI,MLS#: A11823235
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
Heating
- Other
Cooling
- Other
Features
- Flooring: Other
Interior area
- Total structure area: 3,635
- Total interior livable area: 3,635 sqft
Video & virtual tour
Property
Parking
- Total spaces: 16
Features
- Stories: 1
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 0131130540030
- Zoning: 3900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Other
- Roof: Other
Condition
- Year built: 1953
Utilities & green energy
- Sewer: Other
Community & HOA
Community
- Subdivision: Miami Ave Sub,N Miami Portfolio
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $894/sqft
- Annual tax amount: $11,833
- Date on market: 6/16/2025
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