16
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  • Type
  • Quadruplex
  • 4176 Square Feet
  • Area Size
Residential Income Active

121 NE 55th St, Miami FL 33137 | Miami-Dade County | A11739510

  • $1,750,000

Description

*** 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.

Address

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  • Address: 55th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33137
  • Area: TRANQUILLA

Details

Updated on August 3, 2025 at 1:39 am
  • Property ID A11739510
  • Price $1,750,000
  • Property Size 4176 Square Feet
  • Year Built 1924
  • Type Quadruplex
  • Property Status Residential Income

Additional details

  • ArchitecturalStyle Detached
  • BuildingAreaTotal 4176
  • BuildingAreaUnits Square Feet
  • BuildingName TRANQUILLA
  • ConstructionMaterials Other
  • ContractStatusChangeDate 2025-02-05
  • Cooling Other
  • DaysOnMarket 34
  • DocumentsAvailable Copy Of Lease(S)
  • Flooring Other
  • Heating None
  • InternetAddressDisplayYN 1
  • InternetAutomatedValuationDisplayYN 1
  • InternetConsumerCommentYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 954-274-2274
  • ListAgentEmail ourikahn@yahoo.com
  • ListAgentFullName Ouri Kahn
  • ListAgentKey 9873231324c2f2d5de78684d580da602
  • ListAgentMlsId 0684120
  • ListAgentOfficePhone 954-274-2274
  • ListAgentStateLicense 0684120
  • ListOfficeFax 954-237-2541
  • ListOfficeKey f82ec2d7affe2f5c9ed3a61ab90cd01c
  • ListOfficeMlsId CGCL01
  • ListOfficeName City Group Consulting, LLC
  • ListOfficePhone 954-274-2274
  • ListingAgreement Exclusive Right To Sell
  • ListingContractDate 2025-02-05
  • ListingKey 0ab17ad6e3301024301aca649a7facde
  • ListingTerms All Cash,Conventional
  • LotFeatures 1/4 To Less Than 1/2 Acre Lot
  • LotSizeSquareFeet 0
  • MLSAreaMajor Tranquilla
  • MajorChangeTimestamp March 11, 2025 at 02:51pm
  • MajorChangeType Price Decrease
  • MlsStatus Active
  • ModificationTimestamp March 11, 2025 at 02:51pm
  • NumberOfUnitsInCommunity 1
  • OnMarketDate 2025-02-05
  • OriginalEntryTimestamp February 5, 2025 at 09:35pm
  • OriginalListPrice 1875000
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • ParcelNumber 01-31-13-064-0210
  • ParkingTotal 8
  • PhotosChangeTimestamp February 5, 2025 at 09:42pm
  • PhotosCount 16
  • Possession Funding
  • PostalCodePlus4 2465
  • PreviousListPrice 1875000
  • PriceChangeTimestamp March 11, 2025 at 02:51pm
  • PropertyCondition Substantially Remodeled
  • PublicSurveyRange 31
  • PublicSurveySection 13
  • PublicSurveyTownship 31
  • RentIncludes Trash Collection,Water
  • Roof Other
  • Sewer Public Sewer
  • ShowingInstructions See Broker Remarks
  • SourceSystemKey 406760429
  • StateOrProvince FL
  • StatusChangeTimestamp February 5, 2025 at 09:35pm
  • Stories 2
  • StoriesTotal 2
  • StreetDirPrefix NE
  • StreetName 55th St
  • StreetNumber 121
  • StreetNumberNumeric 121
  • StructureType Quadruplex,Fourplex
  • SyndicationRemarks *** 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.
  • TaxAnnualAmount 18688
  • TaxLegalDescription 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
  • TaxYear 2023
  • YearBuiltDetails Resale
  • Zoning 3900

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All Real Estate Transactions are BROKERED by Real Broker LLC.

All Residential Mortgage Transactions are BROKERED by U.S. FINANCE GROUP, LLC (NMLS ID: CQ1049632)

All Health Insurance, Life Insurance, and Variable Annuities Contracts are Brokered by Informed Choice Insurance LLC (Lic# L109849)

All other services & lending products are brokered by Metro International Investments unless otherwise disclosed.

Miami Beach Brokers® & the Miami Beach Brokers® logo are registered trademarks of Metro International Investments. All rights are reserved.

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100 Kings Point Drive, STE 1103, Sunny Isles Beach, FL 33160

E-mail

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Phone

+1 (305) 859-4733

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All property listings are subject to prior sale, price change, or withdrawal without notice.
Neither the listing broker(s), agent(s), nor data providers shall be held liable for any typographical errors, misstatements, or inaccuracies. Users of this website agree to hold all parties harmless from any claims arising from the use or interpretation of the information provided.
Listing data is provided for personal, non-commercial consumer use only and may not be used for any other purpose, including but not limited to marketing, solicitation, or data mining. Use of this website constitutes agreement to these terms.

All information deemed reliable but not guaranteed; use subject to terms—Miami Beach Brokers® and affiliates assume no liability.

All Real Estate Transactions are BROKERED by Real Broker LLC.

All Residential Mortgage Transactions are BROKERED by U.S. FINANCE GROUP, LLC (NMLS ID: CQ1049632)

All Health Insurance, Life Insurance, and Variable Annuities Contracts are Brokered by Informed Choice Insurance LLC (Lic# L109849)

All other services & lending products are brokered by Metro International Investments unless otherwise disclosed.

Miami Beach Brokers® & the Miami Beach Brokers® logo are registered trademarks of Metro International Investments. All rights are reserved.

Address

100 Kings Point Drive, STE 1103, Sunny Isles Beach, FL 33160

E-mail

Contacts@MiamiBeachBrokers.com

Phone

+1 (305) 859-4733

Social Links

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Quick Links

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Miami Beach Brokers®

Where the BEACH is YOUR Backyard!

All property listings are subject to prior sale, price change, or withdrawal without notice.
Neither the listing broker(s), agent(s), nor data providers shall be held liable for any typographical errors, misstatements, or inaccuracies. Users of this website agree to hold all parties harmless from any claims arising from the use or interpretation of the information provided.
Listing data is provided for personal, non-commercial consumer use only and may not be used for any other purpose, including but not limited to marketing, solicitation, or data mining. Use of this website constitutes agreement to these terms.

All information deemed reliable but not guaranteed; use subject to terms—Miami Beach Brokers® and affiliates assume no liability.

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