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5
  • Type
  • Quadruplex
  • 3319 Sq Ft
  • Area Size
Active Residential Income Active
550 NW 30th St, Miami FL 33127 | Miami-Dade County | A11850757
  • $1,695,000

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.

Property Overview

Located at 550 NW 30th St in Miami, this quadruplex is part of the Northern Blvd Track and offers 3,319 square feet across two separate buildings. The property includes a fully furnished 4-bedroom single-family home currently leased to a short-term rental operator, and a second building with four 1-bedroom apartments, all currently leased. Together, they produce a monthly rental income of $11,400, making this a solid opportunity for passive income. Zoned T5-L, the site has redevelopment potential for up to 22 residential units or 43 hotel units, offering long-term value in the rapidly growing Wynwood Norte neighborhood. Built in 1930, this property combines historical presence with modern investment potential. Located in a prime area of Miami, it’s positioned to benefit from the ongoing development and demand in one of the city’s most dynamic districts.

Frequently Asked Questions

What is the property at 550 NW 30th St currently zoned for?

The property is zoned T5-L, which allows for future redevelopment of up to 22 residential units or 43 hotel units.

What is the current monthly rental income from the property?

The property generates a monthly rental income of $11,400 from the currently leased 4-bedroom home and four 1-bedroom apartments.

What is the size of the living area in the main building?

The main building has a living area of 3,319 square feet.

How many units are currently being used for short-term rental?

The 4-bedroom single-family home is currently leased to a short-term rental operator.

Is the property considered a good investment?

The property offers strong in-place income and significant redevelopment potential in a rapidly evolving part of Miami.

Address

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  • Address: 30th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33127
  • Area: NORTHERN BLVD TRACK

Details

Updated on June 11, 2026 at 6:40 am
  • Property ID A11850757
  • Price $1,695,000
  • Property Size 3319 Sq Ft
  • Year Built 1930
  • Type Quadruplex
  • Property Status Active, Residential Income

Additional details

  • Flooring Tile
  • Cooling Central Air, Electric, Wall/Window Unit(s)
  • Association Type None
  • Building NORTHERN BLVD TRACK
  • Area Northern Blvd Track
  • Annual Tax 14674
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Subdivision NORTHERN BLVD TRACK
  • Total Stories 2
  • Heating Central, Electric, Window/Wall
  • Structure Type Quadruplex, Fourplex
  • Tax Year 2024
  • Construction Concrete Block Construction
  • Building Area 3522
  • Year Built Details Resale
  • Flood Zone AH
  • New Construction No
  • Style Fourplex
  • Lot Size (Sq Ft) 0

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Christopher Lazaro

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