Excellent investment opportunity: Fourplex at 1273 NW 24th St, Miami, FL 33142, minutes from Wynwood, the Health District (Jackson Memorial, Bascom Palmer, UHealth) and Downtown Miami. Strategic location with high demand for income and constant revaluation.It consists of 3 units of 1 bedroom / 1 bathroom and 1 of 2… Read More bedrooms / 1 bathroom, all with new central A/C, roof renewed in 2020 and independent electric meters. Units 3 and 4 recently furnished; current combined income: $7,600/month.Zoning and potential: under Code Miami 21 (typically T4/T5 in this area), the lot allows you to rebuild as a higher density multifamily (townhomes or boutique apartments).Projection: the rise of Wynwood and the Health District suggests sustained appreciation and strong rental demand, ideal for repositioning to higher value.Agent: 786.922.0033 This area stands out for its strategic location between Allapattah, Wynwood and the Health District, ideal for a fourplex for its proximity to jobs, hospitals, entertainment and transportation.Entertainment and shops nearby• Wynwood: concerts, festivals, exhibitions, fairs and cultural events.•Wynwood Walls: renowned open-air urban art museum.•Museum of Graffiti: exhibitions on the history and evolution of graffiti.•Paradox Museum Miami: interactive family experience and spaces for photography.•The Shops at Midtown Miami: more than 50 stores and restaurants, including Target, Trader Joe's, HomeGoods, Marshalls and Nordstrom Rack.•Miami Design District: luxury shops, restaurants, galleries and public art.•Wide range of restaurants, cafes, bars, galleries and nightlife in Wynwood.Nearby hospitals and medical centers•Jackson Memorial Hospital: university hospital with 24-hour emergencies, trauma, cardiology, neurology, transplants and other specialties.•Ryder Trauma Center: center specialized in Level I traumatology.•Holtz Children's Hospital: pediatric care and emergencies 24 hours a day.•UHealth / University of Miami Health System: academic and specialized medical care.•Sylvester Comprehensive Cancer Center: oncology center of the University of Miami.Quick access roads•NW 12th Avenue: direct connection with the Health District and main roads.•I-95: quick access to Downtown, Brickell, Miami Beach and Broward.•SR-836 / Dolphin Expressway: connection to the airport, Doral and west of Miami.•SR-112 / Airport Expressway: access to the airport and Miami Beach.•I-195 / Julia Tuttle Causeway: direct connection to Miami Beach.•Proximity to Metrorail, Tri-Rail and Health District stations.Fourplex strategically located near Wynwood, Midtown and the Health District, with entertainment, hospitals and quick access to I-95, SR-836 and SR-112. Read Less
Courtesy of Lifestyle International Realty 305-809-8085
Listing Snapshot
Days Online
55
Last Updated
Property Type
Quadruplex
Square Ft.
2,295
Year Built
1959
MLS Number
A12080330
Additional Details
Building
Built in 1959, Living area: 2295.0, 1 storey, Construction Materials: Block, Concrete Block - No Stucco
Community
4 units in community
Cooling
Wall/Window Unit(s)
Floors
Ceramic Tile
Heating
Separate Meters
Income
Gross Income: $3,600
Property
Resale
Roof
Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 0131260392690, Annual Amount: $7,856, Legal Description: WEST END PARK AMD PB 6-142 LOT 13 BLK 13 LOT SIZE 50.000 X 125 OR 19975-4459 10 2001 1 COC 26439-1874 06 2008 4, Year: 2026, Zoning: 5700
Utilities
Cable Available, Water Source: Public
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