Miami Ave Sub Fourplex For Sale
5500 N Miami Ave, Miami, FL 33127

$3,250,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11823235
  • Virtual Tour: YES
  • List Price: $3,250,000
  • Living Area: 3635 Ft² / 338 M²
  • Price Per Foot/Meter: $894 / $9,624
  • Taxes:$11,833
  • Year Built:1953
  • Listing Date:June 16, 2025
  • Days On Market:21

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.

Features


  • Floor:Other
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker