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
Construction Status Effective Year Built
HOA Y/N No
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
Total Parking Spaces 16
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Other
Architectural Style Fourplex
Level or Stories One
Structure Type Other
Construction Status Effective Year Built
Others
Tax ID 01-31-13-054-0030
Acceptable Financing Other
Listing Terms Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11823235