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For sale
  • $3,250,000

    5500 N Miami Ave, Miami, FL 33127

    1beds
    2baths
    3,635sqft
    : 
    Quadruplex
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $894/sqft
    $-- HOA

    What's special

    Modern electrical systemsNew roofsAmple parkingExtensive upgradesFully remodeled kitchens
    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.
    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#: A11823235MLS LogoOriginating MLS: A-Miami Association of REALTORS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 5500 N Miami Ave.

    Next available tour time:Today at 11am

    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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