550 NW 30th St, Miami, FL, 33127
550 NW 30th St, Miami, FL, 33127 - Image 2550 NW 30th St, Miami, FL, 33127 - Image 3550 NW 30th St, Miami, FL, 33127 - Image 4550 NW 30th St, Miami, FL, 33127 - Image 5

550 NW 30th St, Miami, FL, 33127

8 bedrooms · 6 baths · 3,319 sq.ft.

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.

Information

Property typeMulti Family
Size3,319 sq.ft.
Year built1930
Stories2
Price per sq.ft.USD 466
Last sold2024-11-13
Last sold priceUSD 937,500
CountyMiami-Dade
ZIP code33127
LocationMiami, United States

USD 1,545,000

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Where it's located

Miami, United States

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