Commercial property in Miami, Florida № 1850780

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Commercial property in Miami, Florida № 1850780
ID1850780 $ 1 695 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1850780

Property 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 opportunity zones.
MLS #: A11849138
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CityMiami
Address550 NW 30th St, Miami FL 33127
TypeCommercial property
Completion dateIV quarter, 1930
Price
  • Price
  • per m²
$ 1 695 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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