1084 55Th StMiami, FL 33127

Property Details for 1084 55Th St

Year built

1926

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This fully renovated fourplex in Miami, FL, presents a compelling investment opportunity. Built in 1926 and boasting two stories, this property is ideally located near the Design District, Wynwood, Miami Shores, and Miami Airport, offering convenient access to major areas. Each of the four vacant units is move-in ready and equipped with individual water and electric meters, maximizing efficiency and simplifying management. The elegant, ultra-modern renovations throughout the property enhance its appeal and potential rental income. A spacious yard provides ample parking, a significant advantage in this desirable area. The property also features impact windows and doors, offering robust storm protection. The flexibility of this property allows for various investment strategies, from fully renting out all units to owner-occupancy with supplemental rental income. This is a rare chance to acquire a meticulously updated multifamily property in a high-demand Miami location. The asking price is $899,000. The property address is 1084 NW 55th St, Miami, FL 33127.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.8254

Longitude

-80.2138

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