5500 N Miami Ave
Miami, FL 33127
8 Beds8 Baths3,635 Sq Ft41 Days on Market
For Sale $3,250,000
Save
Courtesy of Gridline Properties
Listing Agent & Comments
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.
MLS# A11823235 • Data provided by Miami MLS
Living Area | 3,635 Sq.Ft. |
---|---|
Lot Size | 0.2 Acres |
Total Rooms | -- |
Bedrooms | 8 |
Bathrooms | 8 |
Stories | 1 |
Year Built | 1953 |
Property Type | Multifamily |
Zoning | 3900:MULTI-FAM,38-62 U/A |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $11,833 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by Miami MLS.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
HouseCanary, Inc. Brokerage
5500 N Miami Ave., Miami, FL 33127
Multifamily8 Beds8 Baths3,635 Sq Ft41 Days on Market
Listing Agent & Comments
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.
MLS# A11823235 • Data provided by Miami MLS
Living Area | 3,635 Sq.Ft. |
---|---|
Lot Size | 0.2 Acres |
Total Rooms | -- |
Bedrooms | 8 |
Bathrooms | 8 |
Stories | 1 |
Year Built | 1953 |
Property Type | Multifamily |
Zoning | 3900:MULTI-FAM,38-62 U/A |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $11,833 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by Miami MLS.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
For Sale $3,250,000
Save
Courtesy of Gridline Properties
5500 N Miami Ave
Miami, FL 33127
8 Beds8 Baths3,635 Sq Ft41 Days on Market
Listing Agent & Comments
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.
MLS# A11823235 • Data provided by Miami MLS
Living Area | 3,635 Sq.Ft. |
---|---|
Lot Size | 0.2 Acres |
Total Rooms | -- |
Bedrooms | 8 |
Bathrooms | 8 |
Stories | 1 |
Year Built | 1953 |
Property Type | Multifamily |
Zoning | 3900:MULTI-FAM,38-62 U/A |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $11,833 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by Miami MLS.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
For Sale $3,250,000
Save
Courtesy of Gridline Properties