USD 1,985,000

550 NW 30th St
Miami, Florida 33127

For Sale

Property Description

Multi-family located in Wynwood Norte, just outside of the bustling heart of Wynwood. The property contains 2 separate structures: 1 large 4 bed/2 bath unit & a 4-plex, offering an investor a level of diversification & the opportunity to tap into one of the fastest-growing neighborhoods in Miami.
Falling under the NRD-2 zoning overlay, the site carries an increased density of 150 units to the acre compared
to the 65 du/acre maximum in other areas of the city that share the T5 designation, allowing for a max. density of up to 21 units on this site.
This property is best seen as a solid covered land play for a developer looking to ultimately take advantage of the strong redevelopment incentives while capitalizing on the in-place income for short-term or stable annual rentals.

Listed by APEX Capital Realty LLC

Property Details

ID #
A11321224
Status
Sale
Type
Commercial, Industrial
Zip Code
33127
Lot Area
6,534ft2
Year Built
1930
Occupancy
Call Listing Agent
Type of Building
Commercial/Residential Income, Residential-Multi-Family
Utilities
Internet
Zoning Information
T5-L
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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