295 NE 55th St - Apartments FOR SALE


Miami, FL 33137- Little Haiti
$895,000 USD
954-245-3445
295 NE 55th St, Miami, FL for Sale
$895,000 USD
Apartments - FOR SALE
1/13
null | 5.5% Cap Rate

295 NE 55th St
Miami, FL 33137
Little Haiti


HIGHLIGHTS

  • First Time Offered For Sale In Over 20 Years
  • Significant Rental Upside In A High-Demand Miami Submarket
  • Exceptional Location With Immediate Proximity To Wynwood, The Miami Design District, And Downtown Miami

OVERVIEW

Marcus & Millichap is pleased to present Rosedale Apartments, a four-unit multifamily property located at 295 NE 55th Street in Miami, Florida. Built in 1925, the property totals 2,163 gross square feet and is situated on a 3,400-square-foot lot. The asset consists of a two-story building constructed of concrete block with a concrete roof. The property features a mix of window and wall-unit air conditioning systems and is located within one of Miami’s most rapidly evolving urban corridors. The surrounding area has experienced substantial investment driven by growth extending north from the Miami Design District, Wynwood, Midtown Miami, and Little River, supporting increasing demand for rental housing and continued neighborhood revitalization. Notably, this represents the first time the property has been offered for sale in more than 20 years, presenting investors with a rare opportunity to acquire a long-held asset in a high-growth Miami submarket. Rosedale Apartments benefits from convenient access to Biscayne Boulevard, Interstate 95, and Downtown Miami, while residents are minutes from major employment centers, retail destinations, and cultural amenities. The location places tenants near some of Miami’s strongest economic drivers, including luxury retail, hospitality, healthcare, and technology-related employment hubs. Rosedale Apartments offers the opportunity to acquire a boutique multifamily property with durable construction, irreplaceable location characteristics, and long-term upside potential in one of South Florida’s most supply-constrained rental markets.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$414 USD /SF

# OF UNITS

4

PRICE/UNIT

$223,750

CAP RATE

5.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,402 SF

ZONING

R-3

APN/PARCEL ID

01-3218-027-0090

ASK ABOUT THIS PROPERTY

Cory SanchezMarcus & MillichapMore Info
954-245-3445

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Cory SanchezMarcus & MillichapMore Info
954-245-3445

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.