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Miami Ave Sub

$589,900

5550 N Miami Ave, Miami, FL 33127

Active
Last Updated: 11/19/2025

1,664 sqft

Building Size

2

Units

Details:
Building Size:    1,664 sqft
Units:    2
Year Built:    1970
Floors:    1
Parking Spots:    4
Gross Leaseable Area:    1,564
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Other Available Information
  • Architectural Style: Detached
  • Cooling: Central Air
  • Heating: None
  • Flooring: Terrazzo
  • Construction Materials: Concrete Block Construction
Description:

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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