550 NW 30th St, Miami FL 33127

$1,695,000

$510.70/Sq Ft

  • N/A Beds
  • N/A Baths
  • N/A Parking
  • 3319 ft²
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.

Marvel Avellanet
Marvel Avellanet

Real Estate Broker

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Technical Summary
Price$1,695,000
BedsN/A
BathsN/A
Area3319 ft²
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