11
550 NW 30th St, Miami FL 33127 | Miami-Dade County | A12096767
  • $1,545,000

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 $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.

Property Overview

At 550 NW 30th St, this 1930 quadruplex sits in Wynwood Norte, offering 3,319 square feet of living space across two separate structures. The property includes a fully furnished four-bedroom single-family home currently leased to a short-term rental operator, alongside a second building housing four fully leased one-bedroom apartments. Together, these units generate a 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 potential in a rapidly evolving neighborhood. The listing is priced at $1,545,000, reflecting the current income stream and the density allowances associated with the zoning classification. For details regarding specific lease terms, structural conditions, or redevelopment feasibility, please call 305-859-4733.

Frequently Asked Questions

What is the current income from the property?

The property currently generates a monthly rental income of $10,600.

How is the property structured?

The site consists of two separate structures: a fully furnished 4-bedroom single-family home and a second building containing four 1-bedroom apartments.

What are the current leasing arrangements?

The 4-bedroom single-family home is leased to a short-term rental operator, while the four 1-bedroom apartments are fully leased.

What zoning designation applies to this property?

The property is zoned T5-L.

What redevelopment potential does the zoning allow?

The T5-L zoning allows for future redevelopment of up to 22 residential units or 43 hotel units.

What is the total living area and original construction year?

The property has a living area of 3,319 square feet and was built in 1930.

Have a question about this Miami listing?

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This listing is courtesy of BZG International, LLC.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: 30th St
  • City: Miami
  • Zip/Postal Code: 33127

Details

Updated on October 5, 2026 at 2:38 pm
  • Property ID A12096767
  • Price $1,545,000
  • Property Size 3319 Sq Ft
  • Year Built 1930
  • Property Status Active, Residential Income

Additional details

  • Cooling Central Air, Electric, Wall/Window Unit(s)
  • Heating Central, Electric, Window/Wall
  • Tax Year 2025
  • Flooring Tile
  • Building NORTHERN BLVD TRACK
  • Listing Terms All Cash, Conventional
  • Area Northern Blvd Track
  • Total Stories 2
  • Waterfront No
  • Association No
  • Style Fourplex
  • Private Pool No
  • Structure Type Quadruplex, Fourplex
  • Subdivision NORTHERN BLVD TRACK
  • Annual Tax 19488
  • Year Built Details Resale
  • Building Area 3522
  • Lot Size (Sq Ft) 0
  • Flood Zone AH
  • New Construction No
  • Construction Concrete Block Construction
  • Association Type None

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