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.
Ancona Real Estate Inc
Duplex with two 2-bedroom, 1-bathroom units, total 1,564 sq ft living space
Zoned MULTIFAMILY 2–9 UNITS, allowing for multiple living units
Built in 1970, located at 5550 N Miami Ave in the Little Haiti neighborhood of Miami
Each unit has a separate electric meter for individual utility billing
Property includes 4 parking spaces, with parking available on both sides of the building
Equipped with air conditioning and a swimming pool as building amenities
Situated minutes from the Wynwood District, accessible to restaurants, art galleries, and shops
No information provided on recent renovations or HOA fees
Ancona Real Estate Inc
Features & Details
Learn about the features and details of 5550 N Miami Ave
Discover this impressive duplex in the heart of Little Haiti, Miami. This well-appointed property offers 1,564 square feet of living space. Originally built in 1970. Offered at $589,900.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 5550 N Miami Ave
What is the square footage of this property?
5550 N Miami Ave, MLS® A11916473 has a size of 1564 sqft.
How many bedrooms and bathrooms does this home have?
There are bedrooms and bathrooms in this Multifamily at 5550 N Miami Ave, MLS® A11916473.
Does this property have parking available?
Yes, there is parking available with 4 spot(s).
What are annual taxes for 5550 N Miami Ave?
Annual taxes for this home are $6,735 based on 2024 tax year reports.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.