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121 NE 55th St, Miami FL 33137
121 NE 55th St, Miami FL 33137
121 NE 55th St, Miami FL 33137
121 NE 55th St, Miami FL 33137
121 NE 55th St, Miami FL 33137
121 NE 55th St, Miami FL 33137
121 NE 55th St, Miami FL 33137
121 NE 55th St, Miami FL 33137
121 NE 55th St, Miami FL 33137
121 NE 55th St, Miami FL 33137
Florida>Miami>Creole District

121 NE 55th StMiami, FL 33137

For Sale

$1,750,000

Smart Buyer Rebate $17,500

*** 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.

Listed by Ouri Kahn

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License #0684120

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City Group Consulting, LLC

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954-274-2274

Last updated March 11, 2025

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Source: MIAMIRE #A11739510

Listing Facts

  • TypeMulti-family
  • NeighborhoodCreole District
  • Days on Prevu215
  • Taxes$18,688/year
  • Size4,176 sqft
  • Price per sqft$419

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

03/11/2025
Price Decreased
$1,750,000
02/05/2025
Listed by City Group Consulting, LLC
$1,875,000

Property Details for 121 NE 55th St

Association

General

  • Number Of Units In Community: 1

Exterior

Construction

  • Property Condition: Substantially Remodeled
  • Roof: Other
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Quadruplex, Fourplex
  • Year Built: 1924
  • Year Built Details: Resale
  • Architectural Style: Detached
  • Building Name: TRANQUILLA
  • Construction Materials: Other

Measurements

  • Building Area Total: 4,176
  • Building Area Units: Square Feet
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-13-064-0210
  • Tax Annual Amount: $18,688.00
  • Tax Year: 2023

Interior

Features

  • Flooring: Other

Measurements

  • Living Area: 4,176
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: TRANQUILLA

Parking

Parking

  • Parking Total: 8

Utilities

Equipment

  • Cooling: Other
  • Has Cooling: Yes
  • Sewer: Public Sewer

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.