Listed by Cushman & Wakefield - Miami, Florida
$3,000,000
5500 North Miami Avenue
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,296
Units 17
Cap Rate 4.81%
NOI $158,767
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 4.81%
Pro-Forma NOI $158,767
Price per SqFt $452
Year Built 1951
Year Renovated 1990
Acreage 0.500
Zoning T4-R (Residential Urban)
Investment Type Stabilized
Occupancy Date 01/31/2026
Multifamily | 4.81% CAP | 17 Units
Marketing description
55th Street Node Offers 17 Units of in-place Multifamily Income Across Three Buildings (5440, 5430, and 5500 N Miami Ave). The Property Comprises 7,296 Sq Ft at 100% Occupancy on a 0.5-acre Site With a Unit Mix of 13 Studios and 4 One-bedroom Units. The Buildings Were Originally Constructed in 1951 With Renovations in 1990, Positioned in the T4-r Residential Urban Zoning District in Miami, Fl.
Investment highlights
- Units: 17
- Year Built: 1951 / 1990
- Total Area (Sf): 7,296
- Site Size (Acres): .50
- Density (Units Per Acre): 11.32
- Occupancy (as of Feb 01, 2026): 100.0%
- Gain/(Loss) to Lease (as of Feb 01, 2026): 0.0%.
Listing Contacts
Listed by Cushman & Wakefield - Miami, Florida
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$158,767.00
$13,230.58/mo
Valuation Metrics
0
DSCR
5.29%
Cap Rate
5.29%
ROI
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