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USAFLMiamiMiami Ave Sub, N Miami Portfolio5500 N Miami Ave
5500 N Miami Ave, Home with 0 bedrooms, 0 bathrooms and 16 parking in Miami FL | Image 1
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$3,250,000

5500 N Miami Ave, Miami, FL

Real Estate

For Sale

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0016
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3635 sqft
Garage No
Taxes $11,833
Days Active 0
Lot Size 
Approx. Age 1953
Avg. Price Per Sqft $894
MLS® Number A11823235

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberA11823235
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1953
Basement
Driveway
Garage Spaces
HeatOther
A/COther
Heating Fuel

Extras

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