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Sold for $525,000
  • $525,000

    5550 N Miami Ave, Miami, FL 33127

    4beds
    2baths
    1,564sqft
    Duplex
    Built in 1970
    -- sqft lot
    $524,700 Zestimate®
    $336/sqft
    $2,523 Estimated rent

    Home value

    $524,700

    $462,000 - $598,000

    $2,523/mo

    Zestimate® history
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    $2,523/mo

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    $3,626/mo

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    $3,626/mo

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    What's special

    Parking on both sides
    A prime investment opportunity in one of Miami’s most sought-after neighborhoods! This duplex, zoned MULTIFAMILY 2–9 UNITS (2 living units), is ideally situated on North Miami Avenue—just minutes from the vibrant Wynwood District, known for its top-tier restaurants, art galleries, and boutique shops. Both units feature 2 bedrooms and 1 bathroom, each with its own separate electric meter. The property offers parking on both sides, providing convenience for tenants. Its central location delivers quick access to major expressways, Downtown Miami, Midtown, Design District, and South Beach. Currently, both units are rented month-to-month, presenting excellent upside potential. Rents are below market value, and with updates, the units can command significantly higher rental income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jordaniel Nunez 305-713-8123,

    Ancona Real Estate Inc

    Bought with:

    Jordaniel Nunez, 3632059

    Ancona Real Estate Inc

    Source: MIAMI,MLS#: A11916473MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • None
    Cooling
    • Central Air
    Features
    • Flooring: Terrazzo
    Interior area
    • Total structure area: 1,664
    • Total interior livable area: 1,564 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Stories: 1
    Lot
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 0131130540070
    • Zoning: 3900

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Concrete Block Construction
    • Roof: Shingle
    Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: Miami Ave Sub
    HOA
    • Has HOA: No
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $336/sqft
    • Tax assessed value: $375,134
    • Annual tax amount: $6,735
    • Date on market: 11/18/2025
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    4/10/2026Sold$525,000-7.9%$336/sqft
    Source: MIAMI #A11916473 Report a problem
    2/27/2026Pending sale$569,900$364/sqft
    Source: MIAMI #A11916473 Report a problem
    1/27/2026Price change$569,900-3.4%$364/sqft
    Source: MIAMI #A11916473 Report a problem
    11/18/2025Listed for sale$589,900-3.3%$377/sqft
    Source: MIAMI #A11916473 Report a problem
    8/26/2025Listing removed$610,000$390/sqft
    Source: MIAMI #A11778337 Report a problem
    6/19/2025Price change$610,000-3.2%$390/sqft
    Source: MIAMI #A11778337 Report a problem
    4/11/2025Listed for sale$630,000+250%$403/sqft
    Source: MIAMI #A11778337 Report a problem
    2/3/2005Sold$180,000+34.5%$115/sqft
    Source: Public Record Report a problem
    8/18/2004Sold$133,800+34.9%$86/sqft
    Source: Public Record Report a problem
    1/23/2001Sold$99,166$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,735 +7.6%$261,064 +10%
    2024$6,258 +2.7%$237,331 +10%
    2023$6,094 +20.7%$215,756 +10%
    2022$5,049 +6.1%$196,142 +10%
    2021$4,758 +9%$178,311 +10%
    2020$4,365 +9.5%$162,101 +10%
    2019$3,987 +11.8%$147,365 +10%
    2018$3,566 -1.2%$133,969 -0.4%
    2017$3,608 +43.9%$134,451 +98.7%
    2016$2,508 +24%$67,653 +10%
    2015$2,023 $61,503 +10%
    2014$2,023 $55,912 +5.8%
    2013$2,023 $52,832 -5.5%
    2012$2,023 -4.9%$55,909 -7%
    2011$2,128 -27.6%$60,121 -33.2%
    2010$2,937 -34.2%$89,942 -44.6%
    2009$4,465 -12.2%$162,440 -18.9%
    2007$5,087 +19.4%$200,287
    2006$4,261 --
    2005$4,261 +17.4%--
    2004$3,630 +26.4%--
    2003$2,871 +24%--
    2002$2,315 --
    2001$2,315 --
    Find assessor info on the county website

    Neighborhood: Little Haiti

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $524,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $524,700