5500 N Miami Ave, Miami FL 33127
$3,250,000
n/a
n/a
3635
Quadruplex, Residential Income
Details
Overview
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.
This quadruplex home located at 5500 N Miami Ave, Miami FL 33127 is currently for sale and has been available on Brickellsold for 1 day. This property is listed at $3M. It has N/A beds, N/A bathrooms, and is 3635 square feet. It was built in 1953. 5500 N Miami Ave, Miami FL 33127 is in Miami county Miami-Dade County.
Interior
- Flooring: Other
- Common walls with other units/homes: Attached
Property
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Construction
- Year Built: 1953
Community & HOA
- Security Features:
- Subdivision: MIAMI AVE SUB,N Miami Portfolio
- Amenities: