$1,500,000
0 Beds · 0 Baths · 3,640 sqft
Income-producing 4-plex — configured as two separate duplexes — on a rare 13,500 SF T4-O corner lot in Miami's fast-growing Allapattah/Wynwood-edge corridor. The property delivers steady in-place rental income today (approximately $8,000/month) while offering significant long-term upside under flexible T4-O zoning, which permits multifamily, townhomes, live/work, and mixed-use development. Hold it as a stabilized cash-flowing asset, reposition the units, or land-bank for future redevelopment on a corner site with dual frontage. Major upside: the adjacent lot at 1027 NW 29 Street is also available and already carries site-plan approval for a 50-unit, 8-story mixed-use building. Acquire both together to control a ±24,187 SF assemblage — phase two separate projects, or combine the parcels to expand the approved development and add structured parking. Minutes to Wynwood, Midtown, the Design District, Edgewater, and Downtown Miami, with direct I-95 access. A rare chance to own cash-flowing multifamily with a built-in development play next door.
Bedrooms
0
Bathrooms
0
Living Area
3,640 sqft
Stories
1
Heating
Central
Cooling
Central Air
Style
Attached
Roof
Shingle
Property Type
Quadruplex
MLS#
554274786
Year Built
1946
Area
Santa Clara Sub
Days on Market
0
Monthly Payment
$9,297/mo
Listing courtesy of Fausto Commercial Realty Consultants Inc
This listing was last updated in the MLS on August 18, 2026.
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated August 18, 2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.


