Basic Information
- MLS # A11823235
- Type Duplex / Quad Plex / Triplex
- Subdivision/Complex Miami Ave Sub
- Year Built 1953
- Total Sqft 3,635
- Date Listed 06/16/2025
- Days on Market 14
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.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
Interior Features
- Adjusted Sqft 3,635Sq.Ft
- Sqft 3,635 Sq.Ft
Property Features
- Aprox. Lot Size 3,635
- Furnished Info No
- Lot Description Quarter To Half Acre Lot
- Short Sale Regular Sale
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info Miami Ave Sub
- Tax Amount $11,833
- Tax Year 2025
5500 N Miami Ave
Miami, FL 33127Similar Properties For Sale
The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Gridline Properties. tel: 786-325-5647
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