767 NW 35th Street is a 5-unit multifamily investment property in Miami’s Allapattah neighborhood, combining existing rental income, immediate lease-up potential, and a longer-term urban infill redevelopment angle. Offered at $1,350,000, the property includes four 2-bedroom/1-bath units and one legal detached 2-bedroom/2-bath residence, with five separate electric meters and one vacant unit providing near-term income upside. Historical T-12 performance includes $108,822 in gross rental income and $91,295 in NOI, representing a 6.76% historical cap rate at the asking price. Current occupancy is 80%, allowing a buyer to increase income through lease-up and future rent repositioning while maintaining an existing Miami multifamily income stream. The approximately 6,534 SF site is currently zoned T4-R. The adjoining property at 765 NW 35th Street is zoned T5-L, creating a relevant nearby zoning precedent for investors evaluating future rezoning, mixed-use redevelopment, workforce housing, or Live Local Act strategies. Any rezoning, density increase, Live Local eligibility, or redevelopment program would require independent verification, site feasibility analysis, and applicable City approvals. Located in Allapattah near Wynwood, the Miami Health District, Downtown Miami, SR-836, I-95, Miami International Airport, and major employment centers, the property offers exposure to one of Miami’s most active urban infill submarkets. The combination of existing multifamily income, value-add lease-up potential and longer-term redevelopment optionality makes 767 NW 35th Street relevant to buyers searching for an Allapattah multifamily for sale, Miami multifamily investment property, value-add apartment building, workforce housing investment, urban infill redevelopment site, T4-R property, Live Local development opportunity or Miami redevelopment property.