Description

Rare opportunity to own a versatile single-family residence with two in-law quarters on an expansive double lot in one of Miami’s most desirable and central locations. This property features a total of 5 bedrooms and 4 bathrooms and is currently fully rented, generating a strong rental income of $5,950/month. Tenants are in place with leases through November 2026, providing immediate and stable cash flow.
Endless possibilities: Keep the home as-is for investment, renovate, or demolish and build your dream home on this oversized lot. Developers will appreciate the exceptional potential to divide the double lot and build two new homes valued at $2M+ each.
Perfectly situated just minutes from Coral Gables, Coconut Grove, Downtown Miami, Brickell, Key Biscayne Beach, and Miami Beach, with a variety of popular neighborhood restaurants within walking distance. A uniquely flexible property in a prime location—ideal for investors, builders, or end-users seeking opportunity and convenience.”

Address

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Address: 29th Ave
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33145
Area: MCALLISTER TERR

Details

Updated on December 12, 2025 at 7:11 pm

Property ID A11929519
Price $1,059,000
Property Size 2101 Square Feet
Bedrooms 5
Bathrooms 4
Garage 0
Year Built 1948
Type Single Family Residence
Property Status Residential

Additional details

ArchitecturalStyle Detached, One Story
BathroomsFull 4
BathroomsHalf 0
BuildingAreaTotal 2715
BuildingAreaUnits Square Feet
BuildingName MCALLISTER TERR
CarportSpaces 0
CommunityFeatures Street Lights
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2025-12-12
Cooling Central Air
CoveredSpaces 0
DaysOnMarket 0
DirectionFaces South
Electric Circuit Breakers, Fuse Box
ElementarySchool Auburndale
ExpirationDate 2026-07-26
Fencing Fenced
Heating Central
HighSchool Coral Gables
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Utility Room/Laundry, Washer/Dryer Hook-Up
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 239-849-7496
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 11730
MLSAreaMajor Mcallister Terr
MajorChangeTimestamp December 12, 2025 at 06:20pm
MajorChangeType New
MiddleOrJuniorSchool Ponce De Leon
MlsStatus Active
ModificationTimestamp December 13, 2025 at 02:00am
OnMarketDate 2025-12-12
OriginalEntryTimestamp December 12, 2025 at 06:20pm
OriginalListPrice 1059000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
OtherStructures Extra Building/Shed
ParcelNumber 01-41-09-005-1290
ParkingFeatures Driveway, Other, On Street
PatioAndPorchFeatures Patio
PhotosChangeTimestamp December 12, 2025 at 06:22pm
PhotosCount 25
Possession Funding
PostalCodePlus4 1148
PriceChangeTimestamp December 11, 2025 at 11:18pm
PublicSurveyRange 41
PublicSurveySection 9
PublicSurveyTownship 41
Roof Barrel Roof
RoomsTotal 0
Sewer Public Sewer
ShowingInstructions 24 Hour Notice, Appointment Only
SourceSystemKey 424230142
StateOrProvince FL
StatusChangeTimestamp December 12, 2025 at 06:20pm
StreetDirPrefix SW
StreetName 29th Ave
StreetNumber 1400
StreetNumberNumeric 1400
StructureType R30-No Pool/No Water, House
SyndicationRemarks Rare opportunity to own a versatile single-family residence with two in-law quarters on an expansive double lot in one of Miami’s most desirable and central locations. This property features a total of 5 bedrooms and 4 bathrooms and is currently fully rented, generating a strong rental income of $5, 950/month. Tenants are in place with leases through November 2026, providing immediate and stable cash flow. Endless possibilities: Keep the home as-is for investment, renovate, or demolish and build your dream home on this oversized lot. Developers will appreciate the exceptional potential to divide the double lot and build two new homes valued at $2M+ each. Perfectly situated just minutes from Coral Gables, Coconut Grove, Downtown Miami, Brickell, Key Biscayne Beach, and Miami Beach, with a variety of popular neighborhood restaurants within walking distance. A uniquely flexible property in a prime location—ideal for investors, builders, or end-users seeking opportunity and convenience.”
TaxAnnualAmount 16186
TaxLegalDescription MC ALLISTER TERRACE PB 14-49 LOT 11 LESS W1/2 & LOT 12 BLK 9 LOT SIZE 85.000 X 138 OR 16884-4372 0895 4
TaxYear 2025
View Garden, Other
WaterSource Municipal Water
YearBuiltDetails Effective Year Built
Zoning 0100