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5500 N Miami Ave
Miami, FL 33127
Multifamily Property For Sale
·
9 Units
Investment Highlights
- Located in the desirable 55th Street Node with growing redevelopment activity.
- Positioned along North Miami Avenue with excellent visibility and accessibility.
- Zoned T4-R Residential Urban, providing future redevelopment and mixed-use flexibility.
- 17-unit multifamily property with 100% occupancy and in-place rental income.
- Convenient access to I-95, Biscayne Boulevard, Wynwood, and Miami Design District.
Executive Summary
The property consists of three parcels located at 5440, 5430, and 5500 North Miami Avenue in Miami, Florida. It includes 17 existing residential units on approximately 0.5 acres. The current use is multifamily, and the zoning designation is T4-R Residential Urban. The site has direct frontage on North Miami Avenue and offers immediate access to key transportation routes, including Interstate 95 and Biscayne Boulevard. Surrounding areas include retail services and residential communities.
Property Facts
| Sale Type | Investment | Building Size | 3,635 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1953 |
| Apartment Style | Low-Rise | Parking Ratio | 2.24/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.47 AC | ||
| Zoning | 3900 - Multifamily | ||
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 3,635 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 2.24/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | 3900 - Multifamily |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,038,153 CAD | |
| Land Assessment | $1,505,750 CAD | Total Assessment | $2,543,903 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,505,750 CAD
Improvements Assessment
$1,038,153 CAD
Total Assessment
$2,543,903 CAD
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