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Property Description

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. Don’t miss out on this fantastic investment in one of Miami’s hottest growing neighborhoods!

Features
No
Other
Other
1/4 To Less Than 1/2 Acre Lot
Other
Public Sewer
Address Map
FL
Miami-Dade County
Miami
33137
121 NE 55th St
0
W81° 48' 22.5''
N25° 49' 35.1''
TRANQUILLA
Additional Info
City Group Consulting, LLC
Ouri Kahn
Detached
Other
0
0684120
CGCL01
Conventional, All Cash
Substantially Remodeled
Water, Trash Collection
2
Quadruplex, Fourplex
$18,688
2023
3900
02/05/2025 21:42:00
$0

121 NE 55th St, Miami, Florida 33137

121 NE 55th St, Miami, Florida 33137

4,176 Sqft
$1,875,000
Listing ID #A11739510
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A11739510
Price : $1,875,000
Square Footage : 4,176 Sqft
Year Built : 1924
Standard Status : Active
Building Area : 4,176 Sqft
MLS Status : Active
Property Type : Quadruplex
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