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36-Unit Apartment Portfolio
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55 NE 55th Street, Miami, FL 33137

Gated multifamily property with one-bedroom residences, onsite laundry, updated interiors, and dedicated parking.

Property SizeContact for details
Days on Market145

Property Features for 55 NE 55th Street

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 36 x 1BR/1BA
Multifamily Units 36

Additional Details

Opportunity Zone Yes

Amenities

onsite laundry facilities
tropical landscaping
gated parking

Building Details

Buildings 4
Construction garden-style
Listing Agency: Compass Florida LLC
Listed By: Jesse Spencer · License #3282789
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 3:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida LLC

Investment Insights

Based on property information with market context.

Lemon City Flats comprises a 36-unit apartment portfolio across two gated garden-style buildings and two four-plexes. Each residence is configured as a one-bedroom, one-bath unit with large floor plans and walk-in closets. Nearly all apartments feature updated flooring, bathrooms, kitchens, fixtures, appliances, and AC systems. Onsite laundry, tropical landscaping, and gated parking serve the property, while exterior repainting and grounds pressure cleaning are currently underway.

The property is located at 55 NE 55th Street in Miami, within a designated Opportunity Zone. Nearby destinations and developments include the Design District, the Magic City Innovation District, the Eastside Ridge mixed-use development, Upper Buena Vista Market, Miami Jewish Health System Medical Campus, The Citadel Food Hall, grocery stores, restaurants, coffee shops, houses of worship, and parks. The surrounding amenities are described as accessible by walking distance.

Key Highlights

  • 36 units across two gated garden‑style buildings and two four‑plexes
  • All units are configured as one bedroom and one bath
  • Nearly all residences have updated kitchens, bathrooms, flooring, fixtures, appliances, and ACs

Property Analytics

Current Use

Richard’s Photography Gallery Photography Service

Suggested Use

Top Pick Veterinary Clinic Butcher (Bike/Boat/Book/etc) Store Garden Center Restaurant Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

36
Residential units

Location Intelligence

Trade Area within ½ mile

2,248
Businesses Nearby

Demographics for 33137, FL

25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Gated multifamily property with one-bedroom residences, onsite laundry, updated interiors, and dedicated parking.
Where is this apartment building located?
The property is located at 55 NE 55th Street Miami, FL.
What are key features of this property?
This property features: 36 units across two gated garden‑style buildings and two four‑plexes; All units are configured as one bedroom and one bath; Nearly all residences have updated kitchens, bathrooms, flooring, fixtures, appliances, and ACs
(305) 632-7195 Call to check price and availability
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