1273 Nw 24th St, Miami, FL 33142

$1,489,900
: 2,295
SqFt

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List Price: $1,489,900
MLS: A12080330
Complex Name: Westend Pk Amd Pl
Status: ACTIVE
Type: Multifamily
Living Area: 2,295

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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

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Additional Information

Days on Market: 26
Style: Quadruplex, Fourplex
#Parking Spaces: 4
Year Built: 1959
Development Name: Westend Pk Amd Pl
#Stories: 1
Construction Type: Concrete Block Construction, Concrete Block With Brick
Section: 26