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$875,000   Price Analysis
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5510 NE 1st Ct
Miami, FL 33137
4 bed 4 bath 2,176 SqFt ($402/SqFt)
Built 1956
Listed 2024-04-29, Taxes $7,147
Ⓧ USDA Ineligible
due to price & location

near Miami

Welcome to this fantastic investment opportunity in the heart of an up-and-coming neighborhood!

* Has Contingent Offer *

This 4-plex holds incredible potential for savvy investors willing to put in a littl TLC. With some strategic renovations, you can maximize its income potential and watch your pro fits soar.

Don't miss out on a chance to be part of the growth in this promising area. Act now and turn this property into a cash flow machine. Or redevelop T4-R zoning (Multifamily 2-9 units).


Presented by Danny Vilato at
Gsl Properties.
Listing Agent Photo

Property MLS #A11577568 from MiamiMLS

Bedrooms: 4

Total Bathrooms: 4
Full Bathrooms: 4

Cooling Features: WallWindowUnits
Heating Features: WallFurnace
Heating: Yes

Flooring: Tile

Lot Description: Item14Acre

Parking Total: 5

Association: No
Calculated Total Monthly Association Fees: 0

Rent Includes: Gardener, Sewer, TrashCollection, Water

Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

Annual Tax Amount: 7147
Source Listing Status: ActiveUnderContract
County: Miami-Dade County
Directions: NE 54 St to NE 1st CT north to property on left
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: TRANQUILLA
Parcel Number: 01-31-13-064-0170
Postal City: Miami
Postal Code Plus 4: 2471
Subdivision: TRANQUILLA
Zoning Description: 3900
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$213,618
$7,147
2021$unknown + $unknown
$194,199
$6,431
2020$unknown + $unknown
$176,545
$5,988
2019$unknown + $unknown
$160,496
$5,475
2018$unknown + $unknown
$145,906
$5,099
2017$116,192 + $91,200
$207,392
$4,852
2016$unknown + $unknown
$120,584
$4,479
2015$unknown + $unknown
$109,622
$4,158
2014$unknown + $unknown
$99,657
$3,895
2013$unknown + $unknown
$90,598
$3,572
2012$unknown + $unknown
$89,891
$3,517
2011$unknown + $unknown
$79,646
$3,331
2010$unknown + $unknown
$120,624
$4,440
2009$unknown + $unknown
$144,332
$4,778
2008$unknown + $unknown
$223,142
$6,511
2007$unknown + $unknown
$223,142
$6,243

Listed 2024-04-29
$875,000
MiamiMLS
Listing removed 2024-04-21
$0
MiamiMLS
Listed 2023-10-20
$875,000
MiamiMLS
Listing removed 2016-09-14
$389,000
MiamiMLS
Listed 2016-03-15
$389,000
MiamiMLS
Listing removed 2013-10-30
$185,000
MiamiMLS
Listed 2013-08-23
$185,000
MiamiMLS
Listing removed 2013-04-23
$169,900
MiamiMLS
Listed 2013-02-21
$169,900
MiamiMLS
Listing removed 2012-03-20
$159,900
MiamiMLS
Listed 2011-09-16
$159,900
MiamiMLS
Listing removed 2011-08-24
$200,000
MiamiMLS
Listed 2011-02-23
$200,000
MiamiMLS
Sold 2004-05-06
$175,000
Public Record
Sold 2003-08-23
$160,000
Public Record
Sold 1998-01-07
$91,000
Public Record
Sold 1997-11-03
$37,300
Public Record
Sold 1994-02-17
$78,500
Public Record
Sold 1992-08-05
$72,500
Public Record
Sold 1989-09-12
$65,000
Public Record

Total Square Feet Living: 2176
Year Built: 1956
Building Area Total: 2176
Construction Materials: Block
Levels: One
Property Age: 68
Roof: Shingle
Levels or Stories: 1
House Style: Fourplex
Year Built Details: Resale
Architectural Style: Fourplex

Sewer: PublicSewer
CableAvailable
Water Source: Public

Toussaint L'Ouverture Elementary is a public elementary school located approximately 0.2 miles away.
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Miami Edison Senior High School is a public high school located approximately 0.8 miles away.
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Jose De Diego Middle School is a public middle school located approximately 1.6 miles away.
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World Mission Of Jesus Christ Christian is a private elementary and middle school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.