Description
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.
Details
| MLS # | A12096794 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 37 |
| Listing Provided By | BZG International, LLC | Uccio Zecchini |
Features
| SQ Feet | 3,522 |
|---|---|
| Zoning | 6107 |
| Acreage | 0.15 |
Taxes
| Tax Annual Amount | 19488 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 2310 |
| Listing VS Median (in 33127) | |
Price: $1,545,000 low | high Med: $240,000 sqft: 3,522 low | high Med: 3,241 $ / sqft: $439 low | high Med: $161 On site: 37 low | high Med: 219.5 | |
Market Activity 33127
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 2310 |
| Listing VS Median (in 33127) | |
Price: $1,545,000 low | high Med: $240,000 sqft: 3,522 low | high Med: 3,241 $ / sqft: $439 low | high Med: $161 On site: 37 low | high Med: 219.5 | |
 | $1,545,000550 Nw 30th StreetMiami, FL 33127 |