$1,695,000 • living size area 3319 sqft
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.Multi Family - NORTHERN BLVD TRACK for Sale
550 NW 30TH ST, MIAMI, FL 33127Asking Price$1,695,000
- Living 3319sqft
- Taxes: Register to see
- Year Built 1930
-
Days on market:
84 day(s) -
Adjusted Area:
1646 sqft Original Price:
$1,695,000-
Price per sqft:
$510.7 Tax Legal Description:
NORTHERN BLVD TR PB 2-29 LOT 7 BLK 13 LOT SIZE 50.000 X 127 OR 19272-1703 08 2000 1 COC 22025-3482 01 2004 1Tax Year:
2024-
MLS:
A11850757 -
Property Type:
Multi Family -
Style:
Fourplex
Construction Type:
Concrete Block ConstructionRoof:
ShingleComposition RollFlat Roof With Facade FrontCooling Description:
ElectricCentral AirWall/Window Unit(s)Heating Description:
Window/WallElectricCentralFloor Description:
TileLot Features:
Less Than 1/4 Acre LotType of Association:
None
Description
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