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Property Description

Located in the heart of Wynwood Norte is a prime investment opportunity offering strong in-place income with significant redevelopment potential. The property consists of two separate structures: A fully furnished 4-bedroom single-family home, currently leased to a short-term rental operator and a second building featuring four fully leased 1-bedroom apartments. Together, the property generates a solid monthly rental income of $11,400. Zoned T5-L, the site allows for future redevelopment of up to 22 residential units or 43 hotel units, presenting long-term upside in one of Miami’s most dynamic and rapidly evolving neighborhoods. This is a rare opportunity to acquire a stable asset with excellent cash flow and high-density zoning in one of Miami’s most sought-after neighborhoods.

Address Map
FL
Miami-Dade County
Miami
33127
550 NW 30th St
NORTHERN BLVD TRACK
W81° 47' 44.1''
N25° 48' 15.6''
NORTHERN BLVD TRACK
MLS Addon
Detached
All Cash, Conventional
1
Hot Water, Water
2
Quadruplex, Fourplex
$14,674
2024
Click Here
6107
1
01/08/2025 11:49:55

550 NW 30th St, Miami, Florida 33127

$1,695,000
3,319 size sq.ft.
Listing ID #A11850757
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11850757
Price $1,695,000
Square Footage 3,319 Sqft
Year Built 1930
Days on Market 143
Building Area 3,522 Sqft
Status Active
Property SubType Quadruplex
On Market Date 01/08/2025
Elena Beck
MiamiInvestrealty
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