5550 N Miami Ave Miami, FL $ 589,900
5550 N Miami Ave
$ 589,900
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5550 N Miami Ave

Miami, FL, 33127
$ 589,900
Bedrooms2 Baths1.0 Sq 1,564

Monthly Estimate*

$ 3,680

5550 N Miami Ave, Miami, FL 33127 - Image 1
5550 N Miami Ave, Miami, FL 33127 - Image 2
5550 N Miami Ave, Miami, FL 33127 - Image 3
5550 N Miami Ave, Miami, FL 33127 - Image 4
5550 N Miami Ave, Miami, FL 33127 - Image 5
5550 N Miami Ave, Miami, FL 33127 - Image 6
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Multi-Family Home for sale in Miami, FL

for $589,900 with 2 bedrooms and 1 full bath. This 1,564 square foot home was built in 1970.

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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Multi-Family Active

Price

$ 589,900

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 6,735

Style

Year Built

1970

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11916473

Features
General
Sewer Public Sewer
Heating None
Cooling Central Air
Utilities Cable Available
Possession Closing & Funding
Roof Shingle
Pool Features None
Construction Materials Block
Year Built 1970
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2024
County Miami-Dade
Property Type Residential Income
Subdivision Name MIAMI AVE SUB
Rent Includes Sewer Water
Full Baths 1
Status Active
City Miami
Zoning Description 3900
Number Of Units Total 1
MLS Area 31
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 6735
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11916473
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Duplex
Legal Description MIAMI AVE SUB PB 11-13 LOT 8 LESS E10FT FOR ST LOT SIZE 40.000 X 126 OR 19463-1276 01 2001 1 COC 23055-4504 01 2005 6
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Interior
Flooring Terrazzo
Air Conditioning Y/N true
Heating Y/N false
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 4
Building Area Total 1664
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Ancona Real Estate Inc

Broker

listwith@jordanielnunez.com

Email

Affordability Calculator

$4,241
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,680
Monthly Property Taxes
$561
Monthly 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
11/18/2025 $589,900 Listed Price

Map


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5550 N Miami Ave, Miami, FL, 33127 is a Multi-Family Home for sale at $589,900 with 1,564 sqft. 5550 N Miami Ave has 2 bedrooms, 1.0 baths, and was built in 1970. The property's zip code is 33127 which is in Miami, FL