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Miami Ave Sub

$3,250,000

5500 N Miami Ave, Miami, FL 33127

Active
Last Updated: 06/17/2025

3,635 sqft

Building Size

2

Units

Details:
Building Size:    3,635 sqft
Units:    2
Year Built:    1953
Floors:    1
Parking Spots:    16
Gross Leaseable Area:    3,635
Highlights:
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Documents Available: Other Available Information
  • Architectural Style: Attached
  • Cooling: Other
  • Heating: Other
  • Flooring: Other
  • Construction Materials: Other
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.

Map:
Location
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