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$525,000

  • Sold
  • Closed
  • Duplex
  • 1,564 Sq. Ft.
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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 for 5550 N Miami Ave

General

  • Sold For: $525,000
  • Taxes: $6,735 (2024)
  • Status: Closed
  • Type: Duplex
  • Source: Greater_Miami
  • MLS ID: A11916473
  • Added to Site: 186 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
  • Potential Use: Unknown/Withheld
  • Zoning: 3900

Financial Considerations

  • Price Per Sq. Ft.: $335.68
  • 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 and Sold by Ancona Real Estate Inc

Listing agent

— 5550 N Miami Ave —

  • Ancona Real Estate Inc

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5550 N Miami Ave

School District:Dade County School District
NameGradesDistance
Toussaint L'Ouverture Elementary
120 Northeast 59th Street, Miami, FL 33137
PK-50.2 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-81.5 mi
Miami Edison Senior High School
6161 Northwest 5th Court, Miami, FL 33127
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions 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
4/10/2026
Sold
$525,000
-7.88%
MLS
1/27/2026
Price Reduced
$569,900
-3.39%
MLS
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.

Listed and Sold by Ancona Real Estate Inc

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5550 N Miami Ave, Miami, FL 33127 (MLS# A11916473) is a Duplex property that was sold at $525,000 on April 10, 2026. 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.