Income-producing 4-plex — configured as two separate duplexes — on a rare 13,500 SF T4-O corner lot in Miami's fast-growing Allapattah/Wynwood-edge corridor. The property delivers steady in-place rental income today (approximately $8,000/month) while offering significant long-term upside under flexible T4-O zoning, which permits multifamily, townhomes, live/work, and mixed-use development. Hold… Read More it as a stabilized cash-flowing asset, reposition the units, or land-bank for future redevelopment on a corner site with dual frontage.Major upside: the adjacent lot at 1027 NW 29 Street is also available and already carries site-plan approval for a 50-unit, 8-story mixed-use building. Acquire both together to control a ±24,187 SF assemblage — phase two separate projects, or combine the parcels to expand the approved development and add structured parking. Minutes to Wynwood, Midtown, the Design District, Edgewater, and Downtown Miami, with direct I-95 access. A rare chance to own cash-flowing multifamily with a built-in development play next door. Read Less
Courtesy of Fausto Commercial Realty Consultants Inc 786-748-7373
Listing Snapshot
Days Online
69
Last Updated
Property Type
Quadruplex
Square Ft.
3,640
Year Built
1946
MLS Number
A12073273
Additional Details
Building
Built in 1946, Living area: 3640.0, 1 storey, Construction Materials: Block
Community
4 units in community
Cooling
Central Air
Floors
Tile
Heating
Separate Meters, Central
Income
Gross Income: $95,700
Roof
Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 0131260360990, Annual Amount: $13,500, Legal Description: SANTA CLARA SUB PB 6-110 LOTS 1 THRU 3 BLK 7 LOT SIZE 13500 SQ FT OR 19179-0756 1293 1, Year: 2025, Zoning: 4801
Utilities
Cable Not Available
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