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.
Gridline Properties
Features & Details
Learn about the features and details of 5500 N Miami Ave
Property Details
Property Type
Quadruplex
Living Area
3,635 sqft
Year Built
1953
Lot Size
-
Stories
-
Annual Tax
$11,833.00
List Date
6/16/2025
Updated
6/17/2025
Last Checked
Recent
MLS Number
#A11823235
Brokerage
Gridline Properties
Postal Code
33127
Area
Miami-Dade County
City
Miami
Additional Property Features
Occupancy
CallAgent
List Price
$3,250,000.00
Unit Number
-
Construction
Other
Heating
Other
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Other
Elevator
No
Locker
No
Swimming Pool
None
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2025
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
Show More Features
Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 5500 Miami Ave
$0
20.0%
$3,250,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$15,580
Show More Details
Cash Flow Analysis
Mortgage Payment:
$15,580.44
Monthly Payment:
$16,566.52
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this stunning quadruplex in the heart of Little Haiti, Miami. This well-appointed property offers 3,635 square feet of living space. Originally built in 1953. Offered at $3,250,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.