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$589,900
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Property Description
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.
Full Property Details
Full Property Details for 5550 N Miami Ave
General
- Price: $589,900
- Taxes: $6,735 (2024)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11916473
- Updated: 11/18/2025
- Added to Site: 60 day(s) ago
Rental Information
- Rent Includes: Sewer, Water
Interior
- Flooring: Terrazzo
Parking
- Total Spaces: 4
Location
- Area: Miami Ave Sub
- County: Miami-Dade County
- Subdivision: MIAMI AVE SUB
- Building Name: MIAMI AVE SUB
Community
- Community Name: Miami Ave Sub
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: None
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1664
- Square Feet: 1,564
- Living Area: 1,564 Sq. Ft.
- Year Built: 1970
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $377.17
- Tax Amount: $6,735
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Other Available Information
- 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
- Property ID: 01-31-13-054-0070
Listed by Ancona Real Estate Inc
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Schools
Schools serving 5550 N Miami Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Toussaint L'Ouverture Elementary 120 Northeast 59th Street, Miami, FL 33137 | PK-5 | 0.2 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.5 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5550 N Miami Ave
Date
Details
Price
Change
Source
11/18/2025
Listed
$589,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5550 N Miami Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,258
3%
$349,934
—
2023
$6,094
21%
$349,934
50%
2022
$5,049
6%
$233,363
12%
2021
$4,758
9%
$208,163
13%
2020
$4,365
9%
$183,432
24%
2019
$3,987
12%
$147,365
10%
2018
$3,566
-1%
$133,969
—
2017
$3,608
44%
$134,451
99%
2016
$2,508
14%
$67,653
10%
2015
$2,209
9%
$61,503
10%
2014
$2,028
4%
$55,912
6%
2013
$1,957
—
$52,832
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5550 N Miami Ave
5550 N Miami Ave, Miami, FL 33127 (MLS# A11916473) is a Duplex property with 0 bedrooms and 0 full bathrooms. 5550 N Miami Ave is currently listed for $589,900 and was received on November 18, 2025. Want to learn more about 5550 N Miami Ave? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

