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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON JUL 04 2025 AT 8:36 PM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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5500 N Miami Ave

miami, FL 33127

$3,250,000

    INTERESTED? LET'S CONNECT

    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.

    Details

    3,635 Sq Ft

    Investment

    $11,833 Annual Tax

    Built in 1953

    MLS/Listing ID A11823235

    MIAMI AVE SUB

    1 Stories

    Amenities & Features

    Heating - Other

    Cooling - Other

    Style - Attached

    Listing Courtesy of GRIDLINE PROPERTIES, ALFREDO RIASCOS - 786-325-5647

    MIAMIRE

    Source of Data: MIAMI ASSOCIATION OF REALTORS

    Interested in 5500 N Miami Ave?