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#A11767651, Gregory Troy Cohen, Listing office: FIP Realty Services, LLC
Property details
About 5500 N Miami Ave
This fully renovated 17-unit multifamily property is located in Miami’s thriving Little River submarket and presents a prime investment opportunity. All the units have undergone extensive upgrades, including new roofs, hurricane-impact windows/doors, modern electrical systems, and fully remodeled kitchens and bathrooms. Making the property turn-key and minimizing maintenance costs. The property has ample parking.The property generates a net operating income of $198,000, and yields a capitalization rate of 6.08% the asking price. Its strong financial performance and prime Buena Vista location present an opportunity for investors seeking stable returns in a rapidly appreciating area.
Highlights
Home typeQuadruplex
HeatingOther
StatusActive
CoolingOther
Size3,635 sqft
Year built1953
MLS #A11823235
Virtual tour
Summary
- Flooring Type: Other
- Architectural Style: Fourplex
- Heating: Other
- Cooling: Other
- List Price: $3,250,000
- Price/SqFt: $894
- Annual Tax Amount: $10,334
- Tax Year: 2023
- Year Built: 1953
- Stories: 1
- Living Area: 3,635 SqFt
- MLS Number: A11823235
- MLS Name: SEFMIAMI
- Office Name: Gridline Properties
- Office Phone: (786) 325-5647
- Office Email: info@gridlineproperties.com
- Listing Agent: Alfredo Riascos
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 11:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $806,868 | $10,334 |
| 2022 | $760,566 | $10,105 |
| 2021 | $503,833 | $10,105 |
| 2020 | $300,179 | $8,232 |
| 2018 | $279,922 | $5,863 |
| 2017 | $279,922 | $5,929 |
History based on county public records data.
Nearby schools
5
Toussaint L'Ouverture Elementary School
Public District PK-5
0.3 mi
•120 NE 59th St
6
Shadowlawn Elementary School
Public District PK-5
0.4 mi
•149 NW 49th St
6
Edison Park K-8 Center
Public District PK-5
0.8 mi
•500 NW 67th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,068. Typical income of Miami, FL residents is less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
79%
<35k
18%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
23%
Single, with Kids
13%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5500 N Miami Ave
The listing price of 5500 N Miami Ave property is $3,250,000.
The property 5500 N Miami Ave is a multi located in Miami, Florida, 33127.
Active Listing: 5500 N Miami Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5500 N Miami Ave are: Toussaint L'Ouverture Elementary School (GreatSchools Rating 5/10), Shadowlawn Elementary School (GreatSchools Rating 6/10), Edison Park K-8 Center (GreatSchools Rating 6/10), Jose De Diego Middle School (GreatSchools Rating 2/10), Georgia Jones-Ayers Middle School (GreatSchools Rating 3/10), Mater Academy Middle School of International Studies (GreatSchools Rating 5/10), Itech@Thomas a Edison Educational Center (GreatSchools Rating 8/10), Miami Edison Senior High School (GreatSchools Rating 5/10), Design & Architecture Senior High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2023 is $10,334 (source: MLS/based on county public records data).
The property 5500 N Miami Ave is 3,635 SqFt (source: MLS/tax record).
The year of construction for 5500 N Miami Ave is 1953.
This home is located at 5500 N Miami Ave in Miami, FL and zip code 33127 in the Buena Vista neighborhood. This 3,635 square foot home was built in 1953. Features: 0 bathroom. It has been listed on Rocket Homes since June 17, 2025 and is currently priced at $3,250,000.
While more than 48 listings in Miami, FL in June 2025 were sold above asking price, there were more than 103 listings sold at asking price, and more than 570 were sold below. In June 2025 in Miami, FL there were 7.1% more homes for sale than in May. While the average time on the market in June 2025 was 75 days, the median list price was $589,216.
From Rocket Homes Real Estate and based on county public records data.