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 leas

550 NORTH WEST 30TH ST, Miami

$1,695,000 USD
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Address550 NORTH WEST 30TH ST, Miami
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Residential-Multi-Family
Price$1,695,000
Property StatusActive
MLS NumberA11849138
Property Size6350
Lot Size6350
Year Built1930
Folio Number01-31-25-024-1930
Zoning Information6107
Days on Market93

Detailed 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 opportunity zones.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33127
Address550 NORTH WEST 30TH ST
Section25
Zip Code (4 Digits)3764
Financial Information
Price$1,695,000
Price per Foot$0
Folio Number01-31-25-024-1930
Tax Amount$14,674
Full Descriptions
Detailed DescriptionLocated 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 opportunity zones.
Property parameters
Living Area6350
Lot Size6350
Total Acreage0.000
Zoning Information6107
Maximum Leasable Size6350
Year Built1930
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Residential-Multi-Family
Stories Number2
Street DirectionNorth West
Listed withBZG International, LLC