For sale
Photo 1 of 11$1,545,000
For sale550 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
Location
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