$1,545,000

For sale

550 NW 30th St, Miami FL 33127

3,319 sq ftBuilt 1930MLS# A12096767

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About this property

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 $10,600. 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.

Property details

Property type
Multi-family
Year built
1930
Living area
3,319 sq ft
Price per sq ft
$466
Property taxes
$19,488/yr
Building / community
Northern Blvd Track
Status
For sale
MLS #
A12096767

Listing courtesy of BZG International, LLC.

Location

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