550 Nw 30th St, Miami, FL 33127
- $1,545,000
- 3,319
- SqFt
- List Price
- $1,545,000
- MLS
- A12096767
- Complex Name
- Northern Blvd Track
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 3,319
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 $10,600. 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.
Additional Information
- Days on Market
- 1
- Style
- Quadruplex, Fourplex
- Year Built
- 1930
- Development Name
- Northern Blvd Track
- #Stories
- 2
- Construction Type
- Concrete Block Construction
- Section
- 25
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Listing Courtesy of BZG International, LLC, Contact: