For SaleQuadruplexActive Under Contract
571 NE 67th St
Miami, FL 33138
$1,549,000
7 Days On Site
- 2,262Sq Ft
- $685Per Sq Ft
- 1957Built
- Subdivision
- Morningside Amd
- County
- Miami-Dade
- MLS®
- A12115092
Overview
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
Listing Snapshot
- Price
- $1,549,000
- Days On Site
- 7 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 2,262 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- N/A
- Year Built
- 1957
- MLS® Number
- A12115092
- Status
- Active Under Contract
- Property Tax
- $17,000 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Plans
Property Details
General Features
11 items
- Disclosures
- Owner Is Listing Agent
- Levels
- One
- Parking Spaces
- 6
- Property Condition
- Updated/Remodeled
- Property Sub Type
- Quadruplex
- Sewer
- Public Sewer
- SqFt Total
- 2,262
- Style
- Fourplex
- Utilities
- Cable Available
- Water Source
- Public
- Zoning
- 6107
Interior Features
5 items
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Flooring
- Tile
- Heating
- Electric
- Laundry Features
- Common Area
- Window Features
- Blinds
Exterior Features
8 items
- Construction Details
- Block
- Fencing
- Fenced
- Lot Features
- Rectangular Lot
- Other Structures
- Shed(s)
- Patio And Porch
- Patio
- Pool Features
- None
- Roof
- Concrete
- Windows/Doors
- Blinds
Community Features
2 items
- MLS Area
- 32
- Financing Terms Available
- Cash, Conventional
Location
571 NE 67th St, Miami, FL 33138 · 32
Neighborhood & Commute
ZIP Code 33138
- Median household income
- $74,490
- Income per person
- $43,832
- Households
- 10,999
- Average household size
- 2.32
- Median age
- 42.0
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Active Under Contract
- Listing first seen on site
- Price changed to $1,549,000
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