Miami, FL 33127,550 NW 30th St
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Miami, FL 33127,550 NW 30th St
Miami, FL 33127,550 NW 30th St
Miami, FL 33127,550 NW 30th St
Miami, FL 33127,550 NW 30th St
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$ 1,695,000
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Active

550 NW 30th St Miami, FL 33127

3,319 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,319 sqft

Price per Sqft $510

Subdivision Northern Blvd Track

MLS Listing ID A11850757

Style Fourplex

HOA Y/N No

Year Built 1930

Annual Tax Amount $14,674

Tax Year 2024

Property Sub-Type Quadruplex

Property 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 $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.

Location

State FL

County Miami-dade

Community Northern Blvd Track

Area 31

Interior

Heating Central, Electric, Wall Furnace

Cooling Central Air, Electric, Wall/Window Unit(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Composition,Flat,Shingle

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Others

Tax ID 01-31-25-024-1930

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11850757


Miami Association of Realtors (SEFMIAMI MLS)
Listed by BZG International, LLC
agent

Amit Bhuta

Agent | COMP3088610

+1(305) 439-3031

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550 NW 30th St