121 NE 55th St
Miami, FL 33137
- – beds
- – baths
- 4,176 sqft
- $448 per sqft
- 1924 build
- – on site
*** 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.
Last checked:
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Last updated Feb 21, 2025
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MLS# A11739510 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1924
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Year Built Details:Resale
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Construction Materials:Other
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Architectural Style:Fourplex
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Stories:2
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Levels:Two
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Roof:Other
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Building Area Total:4176.0
Interior
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Flooring:Other
Room Dimensions
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Living Area:4176.0
The Property
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Parcel Number:01 31 13 064 0210
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:3900
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Lot Features:QuarterToHalfAcreLot
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (954) 274-2274
- Office phone:
- (954) 274-2274
Taxes
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Tax Year:2023
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Tax Annual Amount:$18,688
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Tax Legal Description:TRANQUILLA PB 4-55 LOT 8 BLK 2 LOT SIZE 50.000 X 143 OR 12911-3431 1185 4 COC 26527-3793 06 2008 4
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:None
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Heating:false
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Cooling:Other
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
The Community
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Subdivision Name:Tranquilla
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Pool Features:None
Parking
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Parking Total:8.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/5/25
Feb 5, 2025
|
Listed / Active | MLSM | $1,875,000 | |
|
1/24/25
Jan 24, 2025
|
Listed / Active | MLSM |
