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 opportunity zones.

Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33127
Street:
550 Nw 30th St, Miami, Florida 33127
Longitude:
W81° 47' 44.1''
Latitude:
N25° 48' 15.9''
MLS Addon
Building Area:
3,522 Sqft
Cumulative DOM:
146
DOM:
197
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional
Parcel Number:
01-31-25-024-1930
Structure Type:
Apartment, Multi Family
Tax Annual Amount:
$14,674
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Commercial Sale For Sale

550 Nw 30th St, Miami, Florida 33127, Miami, Florida 33127

6,350 Sqft
$1,695,000
MLS # #A11849138
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$1,695,000
Year Built :
1930
Lot Area :
6,350 Sqft
MLS # :
A11849138
Property Sub Type :
Multi Family
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