$1,695,000

Estimated payment $10,174/month

Total Views 1,221
-- Bed
-- Bath
3,319 Sq Ft
$511 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

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 $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.

Listing Agent

Uccio Zecchini

BZG International, LLC License #3219617 Listed on: 08/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,674

Year Built

  • Built in 1930

Home Design

  • Quadruplex
  • Flat Roof with Façade front
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,319 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Rent includes hot water, water
  • Assessor Parcel Number 01-31-25-024-1930

Community Details

Overview

  • No Home Owners Association
  • Northern Blvd Track Condos
  • Northern Blvd Track Subdivision

Building Details

  • Operating Expense $47,880
  • Net Operating Income $88,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,674

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1930
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: NORTHERN BLVD TRACK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 3319
  • Stories: 2

Exterior Features

  • Roof: Composition Roll, Flat Roof With Facade Front, Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTHERN BLVD TRACK

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-25-024-1930
  • Zoning: 6107

Rental Info

  • Rent Includes: Hot Water, Water

Multi Family

  • Net Operating Income: 88920
  • Number Of Units In Community: 1
  • Annual Operating Expense: 47880
  • Total Actual Rent: 136800

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14674

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $1,695,000 -- $511 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11850757

MIAMI REALTORS® MLS