About This Property

Rare income-producing and redevelopment opportunity in Miami. This fourplex features two units currently rented at $1,600 each, generating $3,200 in combined monthly rental income, with two additional units offering potential for added income or repositioning. The property features a two-story stucco exterior, covered ground-level patio, exterior staircase, and mature perimeter trees. Interior features include ceramic tile flooring, multi-pane windows, cabinetry, dark countertops, a tile backsplash, and a black electric range. The zoning allows for the potential development of 15 or more units, with the possibility of ground-floor commercial use, creating an attractive opportunity for investors, developers, or buyers seeking a property with multiple paths for future use. Conveniently located near Wynwood, Midtown, Downtown Miami, major roadways, dining, and entertainment. Buyer to verify zoning, permitted uses, development potential, property condition, and rental information.

Key Features

• Built in 1936

Property Details

• Type: Single Family Home
• Year Built: 1936
• Sq Ft: 2,136
• Price / Sq Ft: $695
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: Built in 1936
• Status: Active
• MLS Number: 1195171341
• Days on Market: 0
• Listed By: Keller Williams Capital Realty · Ricky Kallabat
• Zip Code: 33127