1400 SW 29th Ave, Miami FL 33145
5-Bed Single Family Residence at MCALLISTER TERR in Miami
$1,059,000
5
4
$1,059,000
5
4

2101
Single Family Residence, Residential
Rare opportunity to own a versatile single-family residence with two in-law quarters on an expansive double lot in one of Miami’s most desirable and central locations. This property features a total of 5 bedrooms and 4 bathrooms and is currently fully rented, generating a strong rental income of $5,950/month. Tenants are in place with leases through November 2026, providing immediate and stable cash flow. Endless possibilities: Keep the home as-is for investment, renovate, or demolish and build your dream home on this oversized lot. Developers will appreciate the exceptional potential to divide the double lot and build two new homes valued at $2M+ each. Perfectly situated just minutes from Coral Gables, Coconut Grove, Downtown Miami, Brickell, Key Biscayne Beach, and Miami Beach, with a variety of popular neighborhood restaurants within walking distance. A uniquely flexible property in a prime location—ideal for investors, builders, or end-users seeking opportunity and convenience.”
This single family residence home located at 1400 SW 29th Ave, Miami FL 33145 is currently for sale and has been available on Brickellsold for 73 days. This property is listed at $1M. It has 5 beds, 4 bathrooms, and is 2101 square feet. It was built in 1948. 1400 SW 29th Ave, Miami FL 33145 is in Miami county Miami-Dade County.