5550 NORTH MIAMI AVE, Miami
$569,900 USD
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| Address | 5550 NORTH MIAMI AVE, Miami |
| Building Name | MIAMI AVE SUB |
| Type of Property | Duplex |
| Property Style | Duplex |
| Price | $569,900 |
| Previous Price | $589,900 (6 days ago) |
| Property Status | Pending |
| MLS Number | A11916473 |
| Living Area | 1564 |
| Year Built | 1970 |
| Parking Space Number | 4 |
| Folio Number | 01-31-13-054-0070 |
| Zoning Information | 3900 |
| Days on Market | 32 |
Detailed 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.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33127 |
| Address | 5550 NORTH MIAMI AVE |
| Section | 13 |
| Zip Code (4 Digits) | 1724 |
Financial Information
| Price | $569,900 |
| Price per Foot | $0 |
| Previous Price | $589,900 |
| Folio Number | 01-31-13-054-0070 |
| Tax Amount | $6,735 |
| Tax Year | 2024 |
| Possession Information | Funding |
| Type of Contingencies | Pending Inspections |
Full Descriptions
| Detailed 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. |
| Roof Description | Shingle |
| Floor Description | Terrazzo |
| Cooling Description | Central Air |
| Heating Description | None |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 1564 |
| Zoning Information | 3900 |
| Year Built | 1970 |
| Type of Property | Duplex |
| Style | Duplex |
| Building Name | MIAMI AVE SUB |
| Development Name | MIAMI AVE SUB |
| Construction Type | Concrete Block Construction |
| Stories Number | 1.000 |
| Street Direction | North |
| Parking Space Number | 4 |
| Listed with | Ancona Real Estate Inc |