Duplex in 5550 N Miami Avenue, Miami, FL 33127 with MLS# A11916473

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.

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Days on the market

5550 N Miami Avenue, Miami, FL 33127

Price
Price:
$569,900.00
Original List Price:
$589,900.00
Close Price:
$525,000.00
Transaction closed on:
April 10, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Status Change
Last Major Update on:
April 10, 2026 4:00 am
Measures
Living Area:
1,564 Sqft
Built-Up Area:
1,664 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Heating System:
None, Separate Meters
Construction
Year Built:
1970
Roof:
Shingle
Number of Units Total:
2
Levels:
Two
Construction Materials:
Block
Flooring:
Terrazzo
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
2
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$6,735.00
Tax Year:
2024
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
MIAMI AVE SUB
Senior Community:
No
Terms
Documents Available:
Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
MIAMI AVE SUB PB 11-13 LOT 8 LESS E10FT FOR ST LOT SIZE 40.000 X 126 OR 19463-1276 01 2001 1 COC 23055-4504 01 2005 6
Real Estate Folio Number (Parcel Number):
0131130540070
Zoning:
3900
Public Schools Assigned
High School:
Miami Edison
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
November 18, 2025
Listing Agreement executed on:
November 18, 2025
Purchase Contract Date:
February 27, 2026
Price change occurred on:
January 27, 2026 5:02 pm
Listing Status Last Changed On:
April 10, 2026 4:00 am
Photos updated on:
April 16, 2026 3:09 pm
Last Modified:
August 17, 2026 8:11 am
Additional Information
Courtesy of:
Ancona Real Estate Inc
Attribution:
Not provided
Location
Street Name:
Miami
Street Number:
5550
City:
Miami
State:
Florida
Zip Code:
33127
County:
Miami-Dade
Latitude:
N25° 49' 36.1''
Longitude:
W81° 48' 12.8''
Street Suffix:
Avenue
Street Direction Prefix:
N
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $41,125
Median Home Value $398,800
Median Rent $1,394/mo
Median Age 36
Population 27,585

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 5550 N Miami Avenue, Miami, FL 33127
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.