5500 N Miami Ave new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33127
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,635 sqft
Price per Sqft $894
Subdivision Miami Ave Sub
MLS Listing ID A11823235
Style Fourplex
Year Built 1953
Annual Tax Amount $11,833
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
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.
Location
State FL
County Miami-dade
Community Miami Ave Sub
Area 30
Interior
Heating Other
Cooling Other
Flooring Other
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Other
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Other
Structure Type Other
Others
Acceptable Financing Other
Listing Terms Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11823235