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.
Property Details
Price:
$1,695,000
MLS #:
A11850757
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
NORTHERN BLVD TRACK
Neighborhood:
northernblvdtrack
Listed Date:
Aug 1, 2025
Finished Sq Ft:
3,319
Total Sq Ft:
3,522
Year Built:
1930
See this Listing
Schools
Interior
Cooling
Central Air, Electric, Wall/Window Unit(s)
Flooring
Tile
Heating
Central, Electric, Window/Wall
Exterior
Architectural Style
Detached
Construction Materials
Concrete Block Construction
Roof
Composition Roll, Flat Roof With Facade Front, Shingle
Financial
Tax Year
2024
Taxes
$14,674
Map
Community
- Address550 NW 30th St Miami FL
- SubdivisionNORTHERN BLVD TRACK
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
Market Summary
Current real estate data for Multi Family in Miami as of Jan 17, 2026
469
Multi Family Listed
147
Avg DOM
479
Avg $ / SqFt
$1,209,403
Avg List Price
Property Summary
- Located in the NORTHERN BLVD TRACK subdivision, 550 NW 30th St Miami FL is a Multi Family for sale in Miami, FL, 33127. It is listed for $1,695,000
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