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
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
Property Details
Price:
$1,549,000
MLS #:
A12003041
Status:
Active
Beds:
0
Baths:
0
Address:
571 NE 67th St
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
MORNINGSIDE AMD
Neighborhood:
morningsideamd
City:
Miami
Listed Date:
Apr 20, 2026
State:
FL
Finished Sq Ft:
2,262
Total Sq Ft:
2,262
ZIP:
33138
Year Built:
1957
Units:
4
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Schools
Interior
Cooling
Ceiling Fan(s), Wall/ Window Unit(s)
Flooring
Tile
Heating
Electric
Exterior
Construction Materials
Concrete Block Construction
Other Structures
Extra Building/ Shed
Parking Spots
6
Roof
Concrete
Financial
Tax Year
2025
Taxes
$17,000
Map
Community
- Address571 NE 67th St Miami FL
- SubdivisionMORNINGSIDE AMD
- CityMiami
- CountyMiami-Dade County
- Zip Code33138
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571 NE 67th St
Miami, FL
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