About 550 Nw 30th St
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.
Features of 550 Nw 30th St
| MLS® # | A11850757 |
|---|---|
| Price | $1,695,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,319 |
| Acres | 0.00 |
| Year Built | 1930 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 550 Nw 30th St |
|---|---|
| Area | 31 |
| Subdivision | NORTHERN BLVD TRACK |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33127-3764 |
| HOPA | No Hopa |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile |
|---|---|
| Heating | Central, Electric, Wall Furnace |
| Cooling | Central Air, Electric, Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Roof | Composition, Flat, Shingle |
|---|---|
| Construction | Block |
Listing Details
| Office | BZG International, LLC |
|---|