550 NW 30th Street, Miami, FL 33127

New Listing
$1,545,000
Property Type: Residential Income Square Footage: 3,522 Status: Active
Current Price: $1,545,000 List Date: 9/28/2026 Last Modified: 9/28/2026

Overview

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.

Listing Details MLS# A12096767

General Property Information

Number Of Units Total
Yes
Property Sub Type
Quadruplex
Building Area Main
3522
Living Area Main
3319
Adjusted Area Main
1646
Year Built
1930
Stories Total
2
Pool Private YN
No

Property Features

Documents Available: Financial Statement; Rent Rolls Flooring: Tile Property Condition: Resale Structure Type: Multi Family Construction Materials: Block Cooling: Central Air; Electric; Wall/Window Unit(s) Heating: Central; Electric; Separate Meters; Window/Wall Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Flat; Shingle Sewer: Public Sewer Utilities: Cable Available Showing Requirements: Appointment Only Unit 1 Parking Features: Open Parking

Contract Information

Comp Sale YN
No
Original List Price
1545000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
550
Street Direction Prefix
NW
Street Name
30th
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33127
Postal Code +4
3764
Postal Zip
33127
Subdivision Name
NORTHERN BLVD TRACK
Area
2310
Elementary School
Eneida Massas Hartner
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Parcel Number
0131250241930
Subdivision Number
24
Zoning
6107
Flood Zone
AH

Financial Information

Tax Annual Amount
19488
Tax Year
2025
Tax Legal Description
NORTHERN BLVD TR PB 2-29 LOT 7 BLK 13 LOT SIZE 50.000 X 127 OR 19272-1703 08 2000 1 COC 22025-3482 01 2004 1

Status Change Information

Major Change Timestamp
2026-09-28T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-09-28

More Information

Income and Expenses

Gross Income
127200
Net Operating Income
82680
Total Expenses
44520

Unit 1 Details

Actual Rent
10600
Baths Full
6
Efficiency YN
No

Unit 1 Lease Description

Currently Leased YN
Yes

Price Calculations

Current Price To SqFt
465.5

Section Details

Parcel Number MLX
1930

Originating Details

Originating System Key
565079274
Originating System ID
M00000151
IDX
Listing Office: BZG International, LLC
Source MLS Verified
Last Updated: September - 28 - 2026
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