548-550 NW 30th St - Apartments FOR SALE


Miami, FL 33127- Wynwood
$1,695,000 USD
305-796-2271
548-550 NW 30th St, Miami, FL for Sale
$1,695,000 USD
Apartments - FOR SALE
1/28
null | 5.5% Cap Rate

548-550 NW 30th St
Miami, FL 33127
Wynwood


HIGHLIGHTS

  • Future Development Site
  • Fully Rented With Great Income

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.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$544 USD /SF

# OF UNITS

5

PRICE/UNIT

$339,000

CAP RATE

5.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

T5-L

APN/PARCEL ID

01-3125-024-1930

ASK ABOUT THIS PROPERTY

Uccio ZecchiniBZG InternationalMore Info
305-796-2271

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Uccio ZecchiniBZG InternationalMore Info
305-796-2271

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.