1273 NW 24th St, Miami FL 33142

$1,489,900

$649.19/Sq Ft

  • N/A Beds
  • N/A Baths
  • N/A Parking
  • 2295 ft²
Description

Excellent investment opportunity: Fourplex at 1273 NW 24th St, Miami, FL 33142, minutes from Wynwood, the Health District (Jackson Memorial, Bascom Palmer, UHealth) and Downtown Miami. Strategic location with high demand for income and constant revaluation.

It consists of 3 units of 1 bedroom / 1 bathroom and 1 of 2 bedrooms / 1 bathroom, all with new central A/C, roof renewed in 2020 and independent electric meters. Units 3 and 4 recently furnished; current combined income: $7,600/month.

Zoning and potential: under Code Miami 21 (typically T4/T5 in this area), the lot allows you to rebuild as a higher density multifamily (townhomes or boutique apartments).

Projection: the rise of Wynwood and the Health District suggests sustained appreciation and strong rental demand, ideal for repositioning to higher value.

Agent: 786.922.0033

Marvel Avellanet
Marvel Avellanet

Real Estate Broker

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Technical Summary
Price$1,489,900
BedsN/A
BathsN/A
Area2295 ft²
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