Miami, FL 33127 550 NW 30th St
$1,695,000



0 more
Presented By: This listing is courtesy of BZG International, LLC
Home Details
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.
Presented By: This listing is courtesy of BZG International, LLC
Interior Features for 550 NW 30th St
Bedrooms
Total Bedrooms8
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
General for 550 NW 30th St
Architectural StyleFourplex
CityMiami
Construction MaterialsBlock
CoolingCentral Air, Electric, Wall/Window Unit(s)
CountyMiami-Dade
DisclosuresOwner Is Listing Agent
Full Baths6
HeatingCentral, Electric, Wall Furnace
Legal DescriptionNORTHERN BLVD TR PB 2-29 LOT 7 BLK 13 LOT SIZE 50.000 X 127 OR 19272-1703 08 2000 1 COC 22025-3482 01 2004 1
LevelsTwo
Listing TermsCash, Conventional
Lot Size UnitsSquare Feet
MLS Area31
Net Operating Income88920
Number Of Units Total5
Occupancy TypeCall Agent
Operating Expense47880
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityMiami
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent IncludesHot Water, Water
RoofComposition, Flat, Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNORTHERN BLVD TRACK
Tax Annual Amount14674
Tax Year2024
Total Actual Rent136800
UtilitiesCable Available
Virtual TourClick here
Year Built1930
Year Built DetailsResale
Zoning Description6107
Exterior for 550 NW 30th St
Building Area Total3522
Covered Spaces
Lot Features< 1/4 Acre
Total Parking0
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Mayra Gomez
Realtor®
SQFT • 3,319