121 NE 55th St, Miami, FL 33137

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
121 NE 55th St,Miami, FL 33137
$1,750,000
  • - Beds
  • - Baths
  • 4,176 sq. ft.
  • Multi-family
  • Active
Listed by:ouri kahn
Office:city group consulting, llc.
MLS#:A11739510
Source:SEFMLS

Price summary

  • Price:$1,750,000
  • Price per sq. ft.:$419.06

About this home

*** 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.

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1924
  • Listing Id #:A11739510
  • Updated:August 15, 2025 at 09:48 AM

Rooms and interior

  • Living area:4,176 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:4,176 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,750,000
  • Price per sq. ft.:$419.06
  • Tax amount:$18,688 (2023)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.