370 NE 55th St, Miami, FL 33137
- Added:
- Jun 30, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 2 at 12:06 pm
Property Features for 370 NE 55th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 01-32-18-012-0170
- Size
- 1,784 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BONNA BELLA PLACE PB 6-175 LOT 21 LOT SIZE 50.000 X 95 OR 20510-2971 06 2002 1 COC 23553-1100 06 2005 1
- Tax Annual Amount
- 8195
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Building materials
- Block
- Roof type
- Shingle
Listing agent Veronica Crego-Flores License #3442761 (305) 974-1801
Listing office Genstone Realty 7900 Oak Lane Ste 400, Miami Lakes, FL (305) 974-1801
Listing date Jun 30, 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.
HighLights
- Duplex built in 1954 with block construction
- Two 2‑bedroom, 1‑bath units
- Updated kitchens and bathrooms in both units
- Roofing: shingle
- Heating: wall furnace; cooling via wall/window and window unit(s)
- Public sewer and cable available; sold as‑is, with an existing code violation related to unpermitted work to assume and resolve
Overview
The property is located in Miami’s Little Haiti/MiMo District corridor, with public remarks indicating it is just minutes from the Design District, Wynwood, Midtown, and Downtown Miami. Prospective buyers are encouraged to conduct their own inspections and due diligence.
For investors or owner-occupants seeking a straightforward rental setup, the duplex format provides two 2BR/1BA units within one property. Buyers should plan for additional responsibility related to an existing code violation tied to unpermitted work, which the buyer will be required to assume and resolve. As-is sale terms mean due diligence on condition, permitted status, and related compliance matters is especially important before closing.
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 | $54.6k | $30.60 |
| − Vacancy | −$3.5k | −$1.95 |
| EGI | $51.1k | $28.65 |
| − OpEx | −$15.3k | −$8.60 |
| NOI | $35.8k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.188364
- Latitude
- 25.825922
