5500 N Miami Ave, Miami, FL 33127

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5500 N Miami Ave,Miami, FL 33127
$3,250,000
  • - Beds
  • - Baths
  • 3,635 sq. ft.
  • Multi-family
  • Active
Listed by:alfredo riascos
Office:gridline properties
MLS#:A11823235
Source:SEFMLS

Price summary

  • Price:$3,250,000
  • Price per sq. ft.:$894.09

About this home

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.

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Home facts

  • Year built:1953
  • Listing Id #:A11823235
  • Updated:August 15, 2025 at 09:48 AM

Rooms and interior

  • Living area:3,635 sq. ft.

Structure and exterior

  • Year built:1953
  • Building area:3,635 sq. ft.

Finances and disclosures

  • Price:$3,250,000
  • Price per sq. ft.:$894.09
  • Tax amount:$11,833 (2025)
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