571 NE 67th Street
Miami, FL, 33138
$1,549,000
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
Current real estate data for Multi Family in Miami as of Nov 04, 2026
547
Multi Family Listed
128
Avg DOM
474
Avg $ / SqFt
$1,163,677
Avg List Price
Listing Provided Courtesy of Green Wave Realty Group Corp at 305-951-1845
Property Details
Price:
$1,549,000
MLS #:
A12115092
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
MORNINGSIDE AMD
Neighborhood:
2320
Listed Date:
Oct 28, 2026
Finished Sq Ft:
2,262
Total Sq Ft:
2,262
Year Built:
1957
Units:
4
Schools
Elementary School:
Morningside K-8 Academy (Miami-Dade)
Middle School:
Horace Mann
High School:
Miami Edison
Interior
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Flooring
Tile
Heating
Separate Meters, Electric
Laundry Features
Outside
Exterior
Construction Materials
Block
Fencing
Fenced
Lot Features
Regular Lot
Other Structures
Outbuilding
Patio And Porch Features
Patio
Roof
Concrete
Financial
Tax Year
2025
Taxes
$17,000
Map
Contact Us
Mortgage Calculator
Community
- Address571 NE 67th Street Miami FL
- SubdivisionMORNINGSIDE AMD
- CityMiami
- CountyMiami-Dade
- Zip Code33138
Property Summary
- Located in the MORNINGSIDE AMD subdivision, 571 NE 67th Street Miami FL is a Multi Family for sale in Miami, FL, 33138. It is listed for $1,549,000 To schedule a showing of MLS#a12115092 at 571 NE 67th Street in Miami, FL, contact your Trust House Realty agent at 9543362003.
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