121 55Th St, Miami, FL 33137

8 Unit Apartment Building | $2,100,000 ($262,500/Unit) | Miami, FL 33137

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,100,000

Property Type
Multifamily
Square Feet
3,710 SF

Listing Contacts

Vicente Rodriguez
Vicente Rodriguez
Verified Profile
Carlos Fausto Miranda
Carlos Fausto Miranda
Verified Profile
  • Property Info

Property Overview

Fausto Commercial is pleased to present 121 NE 55th
Street, an 8 unit multi-family property located in Miami’s
Design District. The building consists of four 2bed/1bath
and four 1bed/1bath and it is conveniently located in a
central area with close proximity to some of Miami’s
most desirable locations such as the Wynwood art
district, South Beach, Downtown Miami & Little Havana
which are just a few minutes away. This turn key
property was completely renovated in 2022 and
features Central A/C units, impact windows, new
kitchens and bathrooms etc. The property is at a
walking distance of the Magic City Innovation District
located in the MiMo District. The 15 acre development
will attract technology companies and retailers. The $1
billion project will be developed in multiple phases over
several years with the beginning focused on
repurposing existing dilapidated factory space. It will be
170,000 SF of industrial space would be converted to
commercial and retail use, with plans for an office tower,
amphitheater and apartments.

Property Details

Class
C
Year Built/Renovated
1924/2012
Stories
2
Lot Size (sq. ft)
6,970 SF
Units
8

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