Remodeled Fourplex in
5501 NW Miami Ct, Miami, FL 33127
Fourplex, Quadruplex - Miami, FL
Type:Quadruplex
Property size:
2,890 SFPrice / SF:
$380/SF- Added:
- Feb 9, 2026
- Days on Market:
- 111
- Last Refresh:
- May 31 at 1:06 am
Property Features for 5501 NW Miami Ct
General Information
- Property type
- Residential
- Property subtype
- Quadruplex
- Zoning
- 3900
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking
- 8
- Standard status
- Active
- APN
- 01-31-13-000-0390
- Size
- 2,890 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8929
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1947
- Flooring type
- Tile, Tile - Ceramic
- Building materials
- Block, Brick
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Ana Palomino License #3095877 (305) 405-0615
Listing office Beachfront Realty Inc 18205 Biscayne Blvd Ste 2205, Miami Beach, FL (305) 405-0615
Listing date Feb 9, 2026
MLS# A11750534
Listing URL
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.
HighLights
- Fully remodeled fourthplex featuring four 1/1 units.
- Each unit is 750 SF with new floors, bathrooms, kitchens, stainless steel appliances, and plumbing.
- Prime location in the heart of Miami, minutes from Design District, Wynwood, Midtown, and beaches.
- Ideal for investors - always rented.
- Private assigned parking.
- Fenced property with grill area.
Overview
This fourplex is located in the heart of Miami, offering convenient access to the Design District, Wynwood, Midtown, and beaches. Each of the four units features one bedroom and one bathroom, with each unit offering 750 square feet of living space. The entire property has been remodeled and includes new floors, bathrooms, kitchens, stainless steel appliances, and plumbing. A grill area is available for residents. The property is fully fenced and includes private assigned parking. Public transportation is easily accessible, and a variety of entertainment and shopping options are within walking distance. The property is currently always rented, making it ideal for investors.
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 |
2,890 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$828.0K
$724.5K – $966.0K
NOI $57,961 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$762.7K
$667.4K – $889.8K
NOI $53,388 @ 7.0% cap · market cap 4.85%
Theoretical Best
Specialty Retail
$1.95M
$1.71M – $2.28M
NOI $136,554 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.196793
- Latitude
- 25.825958
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Charming, fully remodeled fourplex near Miami's Design District.
Where is this quadplex located?
The property is located at 5501 NW Miami Ct Miami, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fully remodeled fourthplex featuring four 1/1 units.; Each unit is 750 SF with new floors, bathrooms, kitchens, stainless steel appliances, and plumbing.; Prime location in the heart of Miami, minutes from Design District, Wynwood, Midtown, and beaches.
