Basic Information

  • MLS # A11823235
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Miami Ave Sub
  • Year Built 1953
  • Total Sqft 3,635
  • Date Listed 06/16/2025
  • Days on Market 2
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Other
  • Parking Description
  • Roof Description Other
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 3,635Sq.Ft
  • Cooling Description Other
  • Floor Description Other
  • Heating Description Other
  • Sqft 3,635 Sq.Ft

Property Features

  • Address 5500 N Miami Ave
  • Aprox. Lot Size 3,635
  • Architectural Style Fourplex
  • City Miami
  • Construction Materials Other
  • County Miami- Dade
  • Furnished Info no
  • Levels One
  • Listing Terms Other
  • Lot Features Quarter To Half Acre Lot
  • Occupant Type Call Agent
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Miami
  • Public Survey Section One
  • Public Survey Township 30
  • Roof Other
  • Sewer Description Other
  • Stories 1
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Miami Ave Sub
  • Tax Amount $11,833
  • Tax Legal desc 135341 M I A M I A V E S U B P B11-13 L O T S3&4 L E S S E10 F T F O R S T L O T S I Z E80.000 X126 O R21266-41580220034 C O C24125-00541220051
  • Tax Year 2025
  • Terms Considered Other
  • Type of Property Quadruplex
  • Year Built Details Effective Year Built

5500 N Miami Ave

Miami, FL 33127

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