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.
For sale
$1,695,000
550 NW 30th St, Miami, FL 33127
8beds
6baths
3,319sqft
Est.:
Quadruplex
Built in 1930
-- sqft lot
$1,560,000 Zestimate®
$511/sqft
$-- HOA
What's special
- 30 days
- on Zillow |
- 205 |
- 13 |
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