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5550 N Miami Ave, Miami FL 33127

Residential Income

5550 Miami Ave

Miami, FL 33127

ML#:A11916473
List Price:$569,900
Status:Closed
Days on Market:101
Listing Brkr:Ancona Real Estate Inc
Subdivision:MIAMI AVE SUB
Bedrooms:0
Baths:0
SqFt (Liv):1,564
Lot Size:0 sqft
Year Built:1970
Stories:1

General Information

Type Property:Residential Income
Style:Duplex
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33127
Subdivision:MIAMI AVE SUB
Latitude:25.826700
Longitude:-80.196461

Additional Features

Flooring:Terrazzo
Heating:None
Cooling:Central Air
Construction:Concrete Block Construction
Waterfront:No

Financial Information

Annual Taxes (2024):$6,735
Original Price:$589,900
Days on Market:101

Remarks

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.

Listing Agent

Jordaniel Nunez

Ancona Real Estate Inc

IDX information is provided exclusively for 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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