571 NE 67th St, Miami FL 33138
Quadruplex at MORNINGSIDE AMD in Miami
$1,549,000
Listing courtesy of Green Wave Realty Group Corp; Adriana Molina. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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2262
Quadruplex, Residential Income
Details
Overview
Description
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
This quadruplex home located at 571 NE 67th St, Miami FL 33138 is currently for sale and has been available on Brickellsold for 98 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is 2262 square feet. It was built in 1957. 571 NE 67th St, Miami FL 33138 is in Miami county Miami-Dade County.
Interior
- Flooring: Tile
- Common walls with other units/homes:
Property
- Parking Features:
- Entry location:
- Exterior Features:
- View Description:
Construction
- Year Built: 1957
Community & HOA
- Security Features:
- Subdivision: MORNINGSIDE AMD
- Amenities:
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- Morningside K-8 Center • 0.0 mi • K-12
- Toussaint L'ouverture Elementary • 0.0 mi • K-12
- iTech@Thomas A. Edison Education Center • 0.0 mi • K-12
- MDCPS Police Center • 0.0 mi • K-12
- Phyllis Ruth Miller Elementary • 0.0 mi • K-12
- Edison Park K-8 Center • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.
