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$1,200,000
A12074073 MLS 33127 Zip Code Santa Clara Sub BLDG.
This 5 unit in the WOW district presents investors with a rare opportunity to acquire a renovated, income-producing 5-unit multifamily property in the heart of Allapattah, just minutes from Wynwood and the Rubell Museum. Built in 1936, the property consists of approximately 2,800 square feet of living area on a 5,005-square-foot lot, with an attractive unit mix of three 2-bedroom/1-bath apartments and two 1-bedroom/1-bath apartments. The property currently generates $10,100 per month in gross rental income, or $121,200 annually, with two units occupied by Section 8 tenants. The property has been renovated and well maintained, allowing a new owner to benefit from immediate in-place cash flow without having to undertake a significant renovation program upon acquisition. The apartment interiors are in excellent condition, while recent exterior improvements—including a fresh coat of paint and a renovated driveway—provide strong curb appeal and a well-maintained appearance. These improvements help position the asset as a turnkey investment with limited anticipated near-term capital expenditures, making it particularly attractive to investors seeking to acquire an operating property and begin collecting rent from day one. Adding to the property's operating efficiency, each unit is separately metered for electricity, allowing tenants to be responsible for their own electric consumption and helping reduce the owner's controllable operating expenses.

1021 Nw 30th St, Miami

$1,500,000
A12073273 MLS 33127 Zip Code Santa Clara Sub BLDG.
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.

2900 Nw 10th Ave, Miami