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.

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 December 22, 2025 at 5:09 pm

Property ID A11850757
Price $1,695,000
Property Size 3319 Square Feet
Year Built 1930
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 3522
BuildingAreaUnits Square Feet
BuildingName NORTHERN BLVD TRACK
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2025-08-01
Cooling Central Air, Electric, Wall/Window Unit(s)
DaysOnMarket 143
DocumentsAvailable Financial Statement, Rent Rolls
ExpirationDate 2026-12-31
Flooring Tile
Heating Central, Electric, Window/Wall
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-796-2271
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Northern Blvd Track
MajorChangeTimestamp August 1, 2025 at 11:46am
MajorChangeType New
MlsStatus Active
ModificationTimestamp December 22, 2025 at 02:37pm
NetOperatingIncome 88920
NumberOfUnitsInCommunity 1
OnMarketDate 2025-08-01
OperatingExpense 47880
OriginalEntryTimestamp August 1, 2025 at 11:46am
OriginalListPrice 1695000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-25-024-1930
ParkingTotal 0
PhotosChangeTimestamp August 1, 2025 at 11:49am
PhotosCount 5
PostalCodePlus4 3764
PriceChangeTimestamp August 1, 2025 at 11:46am
PublicSurveyRange 31
PublicSurveySection 25
PublicSurveyTownship 31
RentIncludes Hot Water, Water
Roof Composition Roll, Flat Roof With Facade Front, Shingle
Sewer Public Sewer
ShowingInstructions Appointment Only
SourceSystemKey 418705338
StateOrProvince FL
StatusChangeTimestamp August 1, 2025 at 11:46am
Stories 2
StoriesTotal 2
StreetDirPrefix NW
StreetName 30th St
StreetNumber 550
StreetNumberNumeric 550
StructureType Quadruplex, Fourplex
SyndicationRemarks 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.
TaxAnnualAmount 14674
TaxLegalDescription NORTHERN BLVD TR PB 2-29 LOT 7 BLK 13 LOT SIZE 50.000 X 127 OR 19272-1703 08 2000 1 COC 22025-3482 01 2004 1
TaxYear 2024
TotalActualRent 136800
YearBuiltDetails Resale
Zoning 6107