5501 NW Miami Ct Miami, FL 33127
MULTI_FAMILY - Other - Miami, FL
Property Features for 5501 NW Miami Ct
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 4
- Parking
- 8
- Standard status
- Active
- APN
- 01-31-13-000-0390
- Size
- 2,890 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 13 53 41 S80FT OF N565FT OF E120.81FT BEG 15FTN & 1554.54FTW OF SE COR OF SE1/4 TH N765FT W160.81FT S765FT E160.81FT TO POB LOT SIZE 80.000
- Tax Annual Amount
- 8929
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1947
- Floors in Building
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Brick, Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Ana Palomino License #3095877 (786) 277-9185
Listing office Beachfront Realty Inc 18205 Biscayne Blvd Ste 2205, Miami Beach, FL (305) 405-0615
Listing date Jun 6, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Miami near the Design District, Wynwood, Midtown, and beaches, the property is positioned for easy access to public transportation. The listing also references walking-distance convenience to entertainment and shopping options.
For investors or owner-users seeking a renovated residential income property, the configuration provides four 1/1 units within the same fourplex structure. The interior upgrades and fenced setting are intended to support straightforward tenant appeal, and the listing states the property is always rented. With four distinct units and private assigned parking as noted in the remarks, the asset can support an owner’s ability to manage multiple residential tenants within a single property footprint.
Key Highlights
- 4‑plex with four 1/1 units, each unit listed at 750 SF
- Updated interiors: new floors, bathrooms, and kitchens; plumbing updated
- Kitchen package includes stainless steel appliances; grill area included
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.4k | $30.60 |
| − Vacancy | −$5.6k | −$1.95 |
| EGI | $82.8k | $28.65 |
| − OpEx | −$24.8k | −$8.60 |
| NOI | $58.0k | $20.06 |
