Rosedale Apartments — Sale in Miami, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Miami, FL 33137

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Investment Figures

Cap rate
5.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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. Investment 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

Market Context

This multifamily in Miami, FL is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Miami, FL — view the full market.

As of Q4 2025, the Miami multifamily market showed average asking rents near $2635.00/unit/mo, and rents up 0.2% year over year. Source: multiple brokerage reports, Q4 2025.

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