About 550 Nw 30th Street
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 $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.
Features of 550 Nw 30th Street
| MLS® # | A12096767 |
|---|---|
| Price | $1,545,000 |
| Square Footage | 3,319 |
| Year Built | 1930 |
| Type | Multi-Family |
| Sub-Type | Quadruplex |
| Status | New |
Community Information
| Address | 550 Nw 30th Street |
|---|---|
| Area | 2310 |
| Subdivision | NORTHERN BLVD TRACK |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33127 |
| HOPA | No Hopa |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Electric, Window/Wall, Separate Meters |
|---|---|
| Cooling | Central Air, Electric, Wall/Window Unit(s) |
| # of Stories | 2 |
Exterior
| Roof | Flat, Shingle |
|---|---|
| Construction | Block |
School Information
| Elementary | Eneida Massas Hartner |
|---|---|
| Middle | Jose De Diego |
| High | Booker T. Washington |
Additional Information
| Zoning | 6107 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | BZG International, LLC |
|---|