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.
- 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''
- 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
- Virtual Tour:
- Click Here
Commercial Sale For Sale
550 Nw 30th St, Miami, Florida 33127, Miami, Florida 33127
- 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
