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Property 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.
308.34m² Land for sale in Miami, Miami-Dade, Florida, USA № 614683
$ 1 695 000
$ 5 497 per m²
308.34
Living space, m²
Miami, USA
Parameters
Living space, m²
308.34
ID
614683
Address
550 NW 30th St, Miami FL 33127
Type
Land
Completion date
IV quarter, 1930