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5550 N Miami Ave, Miami FL 33127

Multi-family For Sale
$589,900

BTC: 6.83149971

ETH: 201.60628845

38 days
0 room(s)
1,564 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

A prime investment opportunity in one of Miami’s most sought-after neighborhoods! This duplex, zoned MULTIFAMILY 2–9 UNITS (2 living units), is ideally situated on North Miami Avenue—just minutes from the vibrant Wynwood District, known for its top-tier restaurants, art galleries, and boutique shops. Both units feature 2 bedrooms and 1 bathroom, each with its own separate electric meter. The property offers parking on both sides, providing convenience for tenants. Its central location delivers quick access to major expressways, Downtown Miami, Midtown, Design District, and South Beach. Currently, both units are rented month-to-month, presenting excellent upside potential. Rents are below market value, and with updates, the units can command significantly higher rental income.

Location

Florida • Miami • 33127 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1970
Lot:
No Data
Heating:
None
Price/sqft:
$377
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Terrazzo

    Heating

    • None

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-31-13-054-0070

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $6,735

  • Source details

    • MLS ID: A11916473

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 1564

    • Subdivision Name: MIAMI AVE SUB

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Ancona Real Estate Inc