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.… Read More Together, the property generates a solid monthly rental income of $10,600. 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. Read Less
Courtesy of BZG International, LLC 305-640-5106
Listing Snapshot
Days Online
28
Last Updated
Property Type
Quadruplex
Square Ft.
3,319
Year Built
1930
MLS Number
A12096767
Additional Details
Building
Built in 1930, Living area: 3319.0, 2 stories, Construction Materials: Block
Community
1 units in community
Cooling
Central Air, Electric, Wall/Window Unit(s)
Floors
Tile
Heating
Separate Meters, Central, Electric, Window/Wall
Income
Gross Income: $127,200, Net Operating Income: $82,680
Property
Resale
Roof
Flat, Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 0131250241930, Annual Amount: $19,488, Legal Description: NORTHERN 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, Year: 2025, Zoning: 6107
Utilities
Cable Available
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