Interior
- Bathrooms
- 0
- Living area
- 2,180 sq ft
- Flooring
- Tile
- Cooling
- Wall Window Units
- Heating
- None
Active · Quadruplex
$1,100,000
5520 NE 1st Ct, Miami, FL 33137
- Beds
- —
- Baths
- 0
- Living area
- 2,180 sq ft
- $ / sq ft
- $505/sq ft
- Year built
- 1955
- Lot size
- —
- HOA fee
- —
- Annual tax
- $6,764
About this property
FOR SALE: Excellent Fourplex Investment Opportunity. Each unit features updated 1 bedroom and 1 bathroom. Hurricane impact glass windows throughout. Individual electrical meters can be found in the dedicated meter room. Month-To-Month Tenants. Recently passed re-certification. Opportunity zoned.
Property location
Get Directions5520 NE 1st Ct, Miami, FL 33137
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Facts & features
Exterior & Structure
- Property type
- Quadruplex
- Year built
- 1955
- Architectural style
- Fourplex
- Roof
- Shingle
- Construction
- Block
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $6,764
- Subdivision
- TRANQUILLA
- County
- Miami-Dade
- Days on market
- 444
- MLS listing ID
- A11711590
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$166
- Cap rate
- 5.5%
- Net yield
- 5.5%
- Cash-on-cash return
- -0.6%
- Gross yield
- 7.6%
- Mortgage payment
- $5,215/mo
- Down payment
- $275,000
- Loan amount
- $825,000
- Annual NOI
- $60,585
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.