2900 Nw 10th Ave, Miami, FL 33127

$1,500,000
: 3,640
SqFt

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List Price: $1,500,000
MLS: A12073273
Complex Name: Santa Clara Sub
Status: ACTIVE
Type: Multifamily
Living Area: 3,640

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Property Description

Income-producing 4-plex — configured as two separate duplexes — on a rare 13,500 SF T4-O corner lot in Miami's fast-growing Allapattah/Wynwood-edge corridor. The property delivers steady in-place rental income today (approximately $8,000/month) while offering significant long-term upside under flexible T4-O zoning, which permits multifamily, townhomes, live/work, and mixed-use development. Hold it as a stabilized cash-flowing asset, reposition the units, or land-bank for future redevelopment on a corner site with dual frontage. Major upside: the adjacent lot at 1027 NW 29 Street is also available and already carries site-plan approval for a 50-unit, 8-story mixed-use building. Acquire both together to control a ±24,187 SF assemblage — phase two separate projects, or combine the parcels to expand the approved development and add structured parking. Minutes to Wynwood, Midtown, the Design District, Edgewater, and Downtown Miami, with direct I-95 access. A rare chance to own cash-flowing multifamily with a built-in development play next door.

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