Miami, FL 33127,5550 N Miami Ave
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Miami, FL 33127,5550 N Miami Ave
Miami, FL 33127,5550 N Miami Ave
Miami, FL 33127,5550 N Miami Ave
Miami, FL 33127,5550 N Miami Ave
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5550 N Miami Ave Miami, FL 33127

1,564 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,564 sqft

Price per Sqft $377

Subdivision Miami Ave Sub

MLS Listing ID A11916473

HOA Y/N No

Year Built 1970

Annual Tax Amount $6,735

Tax Year 2024

Property Sub-Type Duplex

Property Description

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

State FL

County Miami-dade

Community Miami Ave Sub

Area 31

Interior

Heating None

Cooling Central Air

Flooring Terrazzo

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-13-054-0070

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11916473


Miami Association of Realtors (SEFMIAMI MLS)
Listed by Ancona Real Estate Inc
Tariq Saleem

Tariq Saleem

Broker | BK3071788

+1(844) 668-7589

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5550 N Miami Ave