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550 NW 30th St, Miami FL 33127

Multi-family For Sale
$1,695,000

BTC: 26.48437500

ETH: 970.79037801

306 days
0 room(s)
3,319 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1930
Lot:
No Data
Heating:
Central / Electric / Window/Wall
Price/sqft:
$511
Cooling:
Central Air / Electric / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,195,000
$659K – $1.6M
Confidence Low
List vs. estimate
$500K above estimate
List $1,695,000 · +41.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$510
+18.6% vs. city median $430
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $6.2M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,674
2024
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    • Window/Wall

    Cooling

    • Central Air

    • Electric

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 01-31-25-024-1930

    • Zoning: 6107

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $14,674

  • Source details

    • MLS ID: A11850757

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 3319

    • Subdivision Name: NORTHERN BLVD TRACK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BZG International, LLC