Quadruplex in 571 NE 67th Street, Miami, FL 33138 for sale with MLS# A12003041
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 • Fully occupied four-unit income-producing property• $95,040 annual gross rental income• Desirable unit mix: one 2-bedroom, two 1-bedroom units, and one studio• T5-L (Urban Center - Limited) Miami 21 mixed-use zoning• Multiple rental strategies, including long-term, furnished, seasonal, and short-term rentals where permitted and licensed• Broad mixed-use potential for residential, retail, office, restaurant, wellness, and other compatible commercial uses (subject to City approvals)• Sale includes previously approved plans for a six-unit live/work multifamily development• Immediate cash flow with exceptional redevelopment and long-term appreciation potential• Prime location in Miami's Historic MiMo District
571 NE 67th Street, Miami, FL 33138
- Price:
- $1,549,000.00
- Original List Price:
- $1,549,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $684.79
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 20, 2026 4:00 am
- Other Special Conditions:
- Property Survey Available
- Living Area:
- 2,262 Sqft
- Built-Up Area:
- 2,262 Sqft
- Lot Size Dimensions and Info:
- 7200
- Lot Features:
- Regular Lot
- Waterfront:
- No
- Patio and Porch:
- Patio
- Other Structures:
- Outbuilding
- Laundry:
- Outside
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Wall/window Unit(s)
- Heating
- Heating System:
- Electric, Separate Meters
- Fence:
- Fenced
- Sprinkler Description:
- Other Sprinkler
- Year Built:
- 1957
- Roof:
- Concrete
- Number of Units Total:
- 4
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Tile
- Number of stories:
- 1
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 4
- Road Frontage Type:
- West Of Us-1
- Flood Zone Code:
- X
- Property Condition:
- Updated/remodeled
- Tax Annual Amount:
- $17,000.00
- Tax Year:
- 2025
- Property Tax Details:
- City/County, Tax Reflects No Exemptions
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Subdivision Name:
- MORNINGSIDE AMD
- Senior Community:
- No
- Documents Available:
- Rent Rolls, Existing Survey, Copy Of Lease(s)
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- MORNINGSIDE AMD PL PB 15-15 LOT 27 BLK 4 LOT SIZE 7200 SQUARE FEET COC 24614-0102 05 2006 1
- Real Estate Folio Number (Parcel Number):
- 0132180230660
- Zoning:
- 6107
- Elementary School:
- Jupiter
- High School:
- Miami Edison
- Middle Or Junior School:
- Horace Mann
- Active on the market since:
- April 20, 2026
- Listing Agreement executed on:
- April 20, 2026
- Listing Status Last Changed On:
- April 20, 2026 4:00 am
- Photos updated on:
- July 27, 2026 5:22 pm
- Last Modified:
- July 27, 2026 5:23 pm
- Courtesy of:
- Green Wave Realty Group Corp
- Attribution:
- Not provided
- Street Name:
- 67th
- Street Number:
- 571
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33138
- County:
- Miami-Dade
- Latitude:
- N25° 50' 15.3''
- Longitude:
- W81° 48' 54.4''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 571 NE 67th Street, Miami, FL 33138
