1273 Nw 24th St, Miami, FL 33142

$1,489,900
2,295
SqFt

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List Price
$1,489,900
Status
ACTIVE
Days on Market
26
MLS#
A12080330
Subtype
Residential Income
Style
Quadruplex, Fourplex
Year Built
1959
Living Area
2,295
Subdivision
Westend Pk Amd Pl
Building Name
Westend Pk Amd Pl

Property Description

Excellent investment opportunity: Fourplex at 1273 NW 24th St, Miami, FL 33142, minutes from Wynwood, the Health District (Jackson Memorial, Bascom Palmer, UHealth) and Downtown Miami. Strategic location with high demand for income and constant revaluation. It consists of 3 units of 1 bedroom / 1 bathroom and 1 of 2 bedrooms / 1 bathroom, all with new central A/C, roof renewed in 2020 and independent electric meters. Units 3 and 4 recently furnished; current combined income: $7,600/month. Zoning and potential: under Code Miami 21 (typically T4/T5 in this area), the lot allows you to rebuild as a higher density multifamily (townhomes or boutique apartments). Projection: the rise of Wynwood and the Health District suggests sustained appreciation and strong rental demand, ideal for repositioning to higher value. Agent: 786.922.0033

Additional Information

Taxes
$7,856
Community Features
Westend Pk Amd Pl
Property Description
Quadruplex, Fourplex
Zoning
5700
Flooring
Ceramic Floor
Heating
Other
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Concrete Block Construction, Concrete Block With Brick
Stories
1
Roof
Shingle

Listing Courtesy of Lifestyle International Realty, Contact:

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