Miami, FL 33127 5500 N Miami Ave
$3,250,000
1 more
Presented By: This listing is courtesy of Gridline Properties;
Beds • 1
Baths • 2
SQFT • 3,635
Home Details
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.
Presented By: This listing is courtesy of Gridline Properties;
Interior Features for 5500 N Miami Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringOther
Heating Y/NNo
General for 5500 N Miami Ave
Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsOther
CoolingOther
CountyMiami-Dade
DisclosuresOwnerIsListingAgent
Garage Y/NNo
HOANo
HeatingOther
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description13 53 41 MIAMI AVE SUB PB 11-13 LOTS 3 & 4 LESS E10FT FOR ST LOT SIZE 80.000 X 126 OR 21266-4158 02 2003 4 COC 24125-0054 12 2005 1
LevelsOne
Listing TermsOther
Lot Size UnitsSquareFeet
MLS Area30
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesNone
RoofOther
Senior Community Y/NNo
SewerOther
Showing InstructionsCall Listing Agent
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameMIAMI AVE SUB
Tax Annual Amount11833.0
Tax Year2025
UtilitiesCableNotAvailable
Virtual TourClick here
Year Built1953
Year Built DetailsEffective Year Built
Zoning Description3900
Exterior for 5500 N Miami Ave
Building Area Total3635.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesQuarterToHalfAcreLot
Private PoolNo
SpaNo
Total Parking16.0
Waterfront Y/NNo
Additional Details
Price History
Yelimar Lobo
Realtor®
