Property Description

Rare opportunity to acquire a fully occupied income producing property -fourplex- with flexible T5-L mixed zoning, multiple rental strategies, and included redevelopment plans in the heart of Miami’s thriving MiMo District.

Currently generating $95,040 in annual gross rental income, this property offers immediate cash flow while providing exceptional long-term upside through its highly desirable T5-L zoning.

The property features a desirable unit mix consisting of one 2bedroom/2bathroom unit, two 1bedroom/1bath units, and one studio apartment, creating diversified rental income and broad tenant appeal.

Situated on a 7,150 SF lot, this is far more than a traditional multifamily investment. The property’s flexible mixed-use zoning supports multiple investment strategies, allowing an owner to continue operating as a successful long-term rental property, explore furnished or seasonal rental opportunities, pursue short-term rental uses, or incorporate compatible commercial and professional uses.

For developers and value-add investors, the opportunity is even greater. The sale includes previously approved plans for a six-unit live/work multifamily building, offering valuable head start by potentially reducing entitlement timelines and accelerating the redevelopment process.

This property uniquely combines cash flow today, exceptional zoning flexibility, and significant development potential in one of Miami’s fastest-growing neighborhoods

Features
Swimming Pool
Heating System
Cooling System
Patio:
Patio
Parking
Architectural Style
Community Features:
Laundry Facilities
Roof:
Concrete
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33138
Street:
571 Ne 67th St, Miami, Florida 33138
Longitude:
W81° 48' 54.3''
Latitude:
N25° 50' 15.4''
MLS Addon
Building Area:
2,262 Sqft
Construction Materials:
Block
Cumulative DOM:
98
DOM:
98
Exterior Features
Flooring:
Tile
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional
Lot Features
Parcel Number:
01-32-18-023-0660
Subdivision Name:
MORNINGSIDE AMD
Tax Annual Amount:
$17,000
Tax Year:
2025
Utilities
Virtual Tour:
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Window Features:
Blinds

Residential Income For Sale

571 Ne 67th St, Miami, Florida 33138, Miami, Florida 33138

2,262 Sqft
$1,549,000
MLS # #A12003041
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,549,000
Square Footage :
2,262 Sqft
Year Built :
1957
MLS # :
A12003041
Property Sub Type :
Quadruplex
Agent info
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