121 NE 55th St Miami, FL ^$ 1,750,000

121 NE 55th St

^$ 1,750,000

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121 NE 55th St

Miami, FL, 33137

^$ 1,750,000

Bedrooms12 Baths8.0 Sq 4,176

Monthly Estimate*

^$ 10,918

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121 NE 55th St, Miami, FL 33137 - Image 8

121 NE 55th St, Miami, FL 33137 - Image 9

121 NE 55th St, Miami, FL 33137 - Image 10

121 NE 55th St, Miami, FL 33137 - Image 11

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121 NE 55th St, Miami, FL 33137 - Image 13

121 NE 55th St, Miami, FL 33137 - Image 14

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121 NE 55th St, Miami, FL 33137 - Image 16

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Multi-Family Home for sale in Miami, FL

for $1,750,000 with 12 bedrooms and 8 full baths. This 4,176 square foot home was built in 1924.

*** FINANCING !!! *** Buyer may qualify for a $1M loan, IO for 3 years @ market rate. This fully rented 8-unit building is a prime investment opportunity! Recently renovated with room for rent increases, it currently generates $12,700 in gross income with a projected gross income (PGI) of $14 to $15K. Managed by the owner with very low expenses, this property offers great cash flow potential. Located in a rapidly developing area with major changes and new multifamily construction on the horizon, this property has incredible future upside.

Multi-Family Active

Price

^$ 1,750,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 18,688

Style

Year Built

1924

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11739510

Features

General

Sewer Public Sewer

Heating None

Cooling Other

Utilities Cable Available

Possession Closing & Funding

Roof Other

Architectural Style Fourplex

Pool Features None

Construction Materials Other

Year Built 1924

Stories Count 2

Levels Two

Property Subtype Quadruplex

Tax Year 2023

County Miami-Dade

Property Type Residential Income

Subdivision Name TRANQUILLA

Rent Includes Trash Collection Water

Full Baths 8

Status Active

City Miami

Zoning Description 3900

Number Of Units Total 8

MLS Area 31

Lot Size Units Square Feet

Listing Terms Cash Conventional

Year Built Details Resale

Tax Annual Amount 18688

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11739510

Standard Status Active

Occupancy Type Tenant

Property Sub Type Additional Quadruplex

Legal Description TRANQUILLA PB 4-55 LOT 8 BLK 2 LOT SIZE 50.000 X 143 OR 12911-3431 1185 4 COC 26527-3793 06 2008 4

Interior

Flooring Other

Heating Y/N false

Half Baths 0

Total Bedrooms 12

Total Baths 0

Exterior

Lot Features 1/4 to 1/2 Acre Lot

Total Parking 8

Building Area Total 4176

Waterfront Y/N false

Covered Spaces 0

* Excluded Features

List By

City Group Consulting, Llc

Broker

ourikahn@yahoo.com

Affordability Calculator

$12,475

Per Month

Monthly Principal & Interest: $10,918
Monthly Property Taxes: $1,557
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Miami, FL

Average List Price ^$1,193,815

Percent of Sale Price 32%

About Miami, FL

450,829 Population

25% Since 2002

^$39,267 Median Income

40.58 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/31/2025	$1,750,000		Listed Price

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121 NE 55th St, Miami, FL, 33137 is a Multi-Family Home for sale at $1,750,000 with 4,176 sqft. 121 NE 55th St has 12 bedrooms, 8.0 baths, and was built in 1924. The property's zip code is 33137 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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121 NE 55th St

Multi-Family Home for sale in Miami, FL

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