Price reduced
$1,490,000
Photo 1 of 22$1,489,900
For sale1273 NW 24th St, Miami FL 33142
2,295 sq ftBuilt 1959MLS# A12080330
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About this property
Excellent investment opportunity: Fourplex at 1273 NW 24th St, Miami, FL 33142, minutes from Wynwood, the Health District (Jackson Memorial, Bascom Palmer, UHealth) and Downtown Miami. Strategic location with high demand for income and constant revaluation.
It consists of 3 units of 1 bedroom / 1 bathroom and 1 of 2 bedrooms / 1 bathroom, all with new central A/C, roof renewed in 2020 and independent electric meters. Units 3 and 4 recently furnished; current combined income: $7,600/month.
Zoning and potential: under Code Miami 21 (typically T4/T5 in this area), the lot allows you to rebuild as a higher density multifamily (townhomes or boutique apartments).
Projection: the rise of Wynwood and the Health District suggests sustained appreciation and strong rental demand, ideal for repositioning to higher value.
Agent: 786.922.0033
Property details
- Property type
- Multi-family
- Year built
- 1959
- Living area
- 2,295 sq ft
- Price per sq ft
- $649
- Property taxes
- $7,856/yr
- Parking
- 4 spaces
- Building / community
- Westend Pk Amd Pl
- Status
- For sale
- MLS #
- A12080330
