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.
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33127
- Street:
- 5550 N Miami Ave, Miami, Florida 33127
- Longitude:
- W81° 45' 53.9''
- Latitude:
- N25° 49' 32.6''
- Building Area:
- 1,664 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 223
- DOM:
- 85
- Flooring:
- Terrazzo
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Lot Features
- Parcel Number:
- 01-31-13-054-0070
- Subdivision Name:
- MIAMI AVE SUB
- Tax Annual Amount:
- $6,735
- Tax Year:
- 2024
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
5550 N Miami Ave, Miami, Florida 33127, Miami, Florida 33127
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $569,900
- Square Footage :
- 1,564 Sqft
- Year Built :
- 1970
- MLS # :
- A11916473
- Property Sub Type :
- Duplex
