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 $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.

Overview

At a glance

Property Type

Residential Income

Property Sub-Type

Quadruplex

Address

550 NW 30th Street, Miami, FL 33127

Zoning

6107

MLS ID

A12096767

Listing Date

2026-09-28

Last Updated

9/28/2026, 7:06:19 PM

Days on Market

28

Subdivision

NORTHERN BLVD TRACK