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Northern Blvd Track

$1,695,000

550 NW 30th St, Miami, FL 33127

Active
Last Updated: 08/04/2025

88,920

NOI

3,522 sqft

Building Size

Details:
NOI:    $88,920
Building Size:    3,522 sqft
Units:    1
Year Built:    1930
Floors:    2
Gross Leaseable Area:    3,319
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Financial Statement, Rent Rolls
  • Architectural Style: Detached
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Heating: Central, Electric, Window/Wall
  • Flooring: Tile
  • Construction Materials: Concrete Block Construction
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.

Map:
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