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 7
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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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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