1021 NW 30th ST, Miami, FL 33127
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Joe Desane

Joe Desane

+1(561) 827-3659
$ 1,200,000
Est. payment | /mo

2,800 SqFt

Save
$ 1,200,000
Est. payment | /mo
Save

2,800 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $428

Subdivision Santa Clara Sub

MLS Listing ID A12074073

HOA Y/N No

Total Fin. Sqft 2800

Year Built 1936

Annual Tax Amount $12,182

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

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.

Location

State FL

County Miami-dade

Area 2310

Zoning 5700

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Central Air

Flooring Tile, Vinyl

Fireplace No

Exterior

Utilities Available Cable Not Available

Roof Type Built-Up

Total Parking Spaces 6

Private Pool No

Building

Dwelling Type Multi Family

Story 2

Sewer Public Sewer

Structure Type Frame,Stucco

Schools

Elementary Schools Santa Clara

Middle Schools Georgia Jones-Ayers

High Schools Miami Jackson

Others

Tax ID 0131260360460

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

BeachesMLS, Inc. (FLR) IDX
Listed by Miguel A Fuentes Fausto Commercial Realty Consultants Inc

NEARBY SCHOOLS & PROPERTIES

Joe Desane

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 827-3659

joe@stayfl.co

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1021 NW 30th ST