FOR SALE

5500 Miami Ave

Miami-dade, Miami Ave Sub, Miami, FL

Asking

$3,250,000

BTC

42.926

ETH

1,456.79

Home Size
3,635 sq. ft.
Year Built
1953
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.

LOADING

Location

Market Area
Miami-Dade
Neighborhood
MIAMI AVE SUB

Agent

Alfredo Riascos

+1 310 910 1722

Contact Email

[email protected]