550 NW 30th St, Miami, FL 33127

About This Home

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.

Property Details

Flooring

Tile

Heating

Central, Electric, Window/Wall

Cooling

Central Air, Electric, Wall/Window Unit(s)

Architectural Style

Detached

Building & Association

Building Name

NORTHERN BLVD TRACK

Stories

2

Stories Total

2

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Composition Roll, Flat Roof With Facade Front, Shingle

New Construction

No

Public Records

Parcel Number

01-31-25-024-1930

Tax Annual Amount

$19,488

Tax Year

2,025

Zoning

6107

County Or Parish

Miami-Dade County

Location