5550 N Miami Ave, Miami, FL 33127

Local realty services provided by:ERA South Dade Realty
5550 N Miami Ave,Miami, FL 33127
$589,900
  • - Beds
  • - Baths
  • 1,564 sq. ft.
  • Multi-family
  • Active
Listed by: jordaniel nunez
Office: ancona real estate inc
MLS#:A11916473
Source:SEFMLS

Price summary

  • Price:$589,900
  • Price per sq. ft.:$354.51

About this home

A prime investment opportunity in one of Miami’s most sought-after neighborhoods! This duplex, zoned MULTIFAMILY 2–9 UNITS (2 living units), is ideally situated on North Miami Avenue—just minutes from the vibrant Wynwood District, known for its top-tier restaurants, art galleries, and boutique shops. Both units feature 2 bedrooms and 1 bathroom, each with its own separate electric meter. The property offers parking on both sides, providing convenience for tenants. Its central location delivers quick access to major expressways, Downtown Miami, Midtown, Design District, and South Beach. Currently, both units are rented month-to-month, presenting excellent upside potential. Rents are below market value, and with updates, the units can command significantly higher rental income.

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Home facts

  • Year built:1970
  • Listing ID #:A11916473
  • Updated:November 19, 2025 at 03:58 AM

Rooms and interior

  • Living area:1,564 sq. ft.

Heating and cooling

  • Cooling:Central Air

Structure and exterior

  • Roof:Shingle
  • Year built:1970
  • Building area:1,564 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$589,900
  • Price per sq. ft.:$354.51
  • Tax amount:$6,735 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.