5500 N Miami Ave
Miami, FL 33127
8 Beds
8 Baths
3,635 Sq Ft
41 Days on Market
For Sale $3,250,000
Save
Courtesy of Gridline Properties

Listing Agent & Comments

Alfredo RiascosGridline Properties
786-325-5647info@gridlineproperties.com License #3210686
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
Additional home details
Living Area3,635 Sq.Ft.
Lot Size0.2 Acres
Total Rooms--
Bedrooms8
Bathrooms8
Stories1
Year Built1953
Property TypeMultifamily
Zoning3900:MULTI-FAM,38-62 U/A
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$11,833
Property in Flood Zone--
Basement--
PoolNo
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HouseCanary, Inc. Brokerage

5500 N Miami Ave., Miami, FL 33127

Multifamily
8 Beds
8 Baths
3,635 Sq Ft
41 Days on Market

Listing Agent & Comments

Alfredo RiascosGridline Properties
786-325-5647info@gridlineproperties.com License #3210686
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
Additional home details
Living Area3,635 Sq.Ft.
Lot Size0.2 Acres
Total Rooms--
Bedrooms8
Bathrooms8
Stories1
Year Built1953
Property TypeMultifamily
Zoning3900:MULTI-FAM,38-62 U/A
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$11,833
Property in Flood Zone--
Basement--
PoolNo
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $3,250,000
Save
Courtesy of Gridline Properties
5500 N Miami Ave
Miami, FL 33127
8 Beds
8 Baths
3,635 Sq Ft
41 Days on Market

Listing Agent & Comments

Alfredo RiascosGridline Properties
786-325-5647info@gridlineproperties.com License #3210686
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
Additional home details
Living Area3,635 Sq.Ft.
Lot Size0.2 Acres
Total Rooms--
Bedrooms8
Bathrooms8
Stories1
Year Built1953
Property TypeMultifamily
Zoning3900:MULTI-FAM,38-62 U/A
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$11,833
Property in Flood Zone--
Basement--
PoolNo
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $3,250,000
Save
Courtesy of Gridline Properties