$1,549,000

Quadruplex In Miami

  • 2,262 Sqft
  • Updated: July 6
  • 2
    Views for last 30 days
  • Source:
    MIAMI REALTORS MLS  MLS#A12003041

About the Property

Rare opportunity to acquire a fully occupied income producing property -fourplex- with flexible T5-L mixed zoning, multiple rental strategies, and included redevelopment plans in the heart of Miami’s thriving MiMo District.

Currently generating $95,040 in annual gross rental income, this property offers immediate cash flow while providing exceptional long-term upside through its highly de
Rare opportunity to acquire a fully occupied income producing property -fourplex- with flexible T5-L mixed zoning, multiple rental strategies, and included redevelopment plans in the heart of Miami’s thriving MiMo District.

Currently generating $95,040 in annual gross rental income, this property offers immediate cash flow while providing exceptional long-term upside through its highly desirable T5-L zoning.

The property features a desirable unit mix consisting of one 2bedroom/2bathroom unit, two 1bedroom/1bath units, and one studio apartment, creating diversified rental income and broad tenant appeal.

Situated on a 7,150 SF lot, this is far more than a traditional multifamily investment. The property’s flexible mixed-use zoning supports multiple investment strategies, allowing an owner to continue operating as a successful long-term rental property, explore furnished or seasonal rental opportunities, pursue short-term rental uses, or incorporate compatible commercial and professional uses.

For developers and value-add investors, the opportunity is even greater. The sale includes previously approved plans for a six-unit live/work multifamily building, offering valuable head start by potentially reducing entitlement timelines and accelerating the redevelopment process.

This property uniquely combines cash flow today, exceptional zoning flexibility, and significant development potential in one of Miami’s fastest-growing neighborhoods
  • Property type

    Other

  • Floors

    1

  • Year built

    1957

  • Price/sqft

    $684

Explore the Area

571 NE 67th St, Miami, Florida, United States View on Google Maps
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Green Wave Realty Group Corp - Miami

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Green Wave Realty Group Corp - Miami
Florida, United States
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3
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2026
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Green Wave Realty Group Corp - Miami
Miami, Florida, United States
View agency profile
Last updated
July 6
First listed
Apr 21
Listing reference
A12003041
Listing status
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