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5550 N Miami Ave

Miami, FL 33127
  • $589,900
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: A11916473
UPDATED: 47 min ago
$589,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,564
    SQFT
  • $377
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

Description

A prime investment opportunity in one of Miami's most sought-after neighborhoods! This duplex, zoned MULTIFAMILY 29 UNITS (2 living units), is ideally situated on North Miami Avenuejust 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.

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Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2025-12-10T21:52:04.417.
www.bettersouthfloridahomes.com/homes/170061590
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5550 N Miami Ave Miami, FL 33127

  • Price: $589,900
  • Status: Active
  • On Site: 21 Days
  • Updated: 47 min ago
  • MLS #: A11916473
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,564
SQFT
$377
$/SQFT
1970
Built
Neighborhood:
Miami Ave Sub
County:
Miami-Dade
Area:
Miami Ave Sub
Property Description
A prime investment opportunity in one of Miami's most sought-after neighborhoods! This duplex, zoned MULTIFAMILY 29 UNITS (2 living units), is ideally situated on North Miami Avenuejust 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.
Exterior Features

Architectural Style Detached Construction Materials Concrete Block Construction Lot Features Less Than 1/4 Acre Lot Parking Total 4 Pool Private YN No Roof Shingle View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 1588 Building Area Total 1664 Cooling Central Air Flooring Terrazzo Heating None Heating YN No Stories 1

Property Features

Association YN No Building Name MIAMI AVE SUB Cooling YN Yes Documents Available Other Available Information Horse YN No Listing Terms All CashConventional New Construction YN No Property Sub Type Duplex Public Survey Section 13 Rent Includes SewerWater Sewer Public Sewer Structure Type Duplex Tax Annual Amount 6735 Tax Year 2024 Type Of Association None Year Built Details Resale Zoning 3900

Listing courtesy of Ancona Real Estate Inc: .


Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2025-12-10T21:52:04.417.
 
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United Realty Group
1361 Sawgrass Corporate Parkway #200
Sunrise FL, 33323