Miami Ave Sub
$3,250,000
5500 N Miami Ave, Miami, FL 33127
3,635 sqft
Building Size
2
Units
Details:
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.
Location

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