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    121 NE 55Th St Miami, FL 33137
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    Property profile & analytics

    121 NE 55Th St, Miami, FL 33137

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    • Apartment buildings
    • 4,176 SF
    Renovated Multifamily Building For Sale For Sale
    $1,750,000
    4,176 SF

    Renovated Multifamily Building For Sale

    Fully rented 8-unit building with income potential in developing area.

    121 NE 55th St, Miami, FL 33137
    View Listing
    Property ID
    US18-0006616
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 121 NE 55Th St

    Year built
    1924
    Property type
    Apartment buildings

    Description

    *** FINANCING !!! *** Buyer may qualify for a $1M loan, IO for 3 years @ market rate. This fully rented 8-unit building is a prime investment opportunity! Recently renovated with room for rent increases, it currently generates $12,700 in gross income with a projected gross income (PGI) of $14 to $15K. Managed by the owner with very low expenses, this property offers great cash flow potential. Located in a rapidly developing area with major changes and new multifamily construction on the horizon, this property has incredible future upside.


    Value Estimations

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    • AI approach

    • CAP approach

    • Comparable approach

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    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.193743
    Latitude
    25.82647
    View Listing
    More about this property
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