Basic Information

  • MLS # A12115092
  • Type Quadruplex
  • Status Active Under Contract
  • Subdivision/Complex Morningside Amd
  • Year Built 1957
  • Total Sqft 2,262
  • Date Listed 10/29/2026
  • Days on Market 15
Description

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

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Exterior Features Fence, Patio, Shed
  • Roof Description Concrete
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 2,262Sq.Ft
  • Cooling Description Ceiling Fans, Wall Window Units
  • Floor Description Tile
  • Heating Description Electric
  • Sqft 2,262Sq.Ft

Property Features

  • Address 571 NE 67th St
  • Aprox. Lot Size 2,262
  • Architectural Style Fourplex
  • City Miami
  • Community Features Laundry Facilities
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional
  • Lot Features Rectangular Lot, Sprinkler System, Less Than Quarter Acre
  • Occupant Type Tenant
  • Patio And Porch Features Patio
  • Pool Features None
  • Possession Close Of Escrow, Immediately
  • Postal City Miami
  • Public Survey Section One
  • Roof Concrete
  • Sewer Description Public Sewer
  • Stories 1
  • Subdivision Complex
  • Subdivision Info Morningside Amd
  • Tax Amount $17,000
  • Tax Legal desc MORNINGSIDE AMD PL PB 15-15 LOT 27 BLK 4 LOT SIZE 7200 SQUARE FEET COC 24614-0102 05 2006 1
  • Tax Year 2025
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex
  • Water Source Public
  • Window Features Blinds
  • Year Built Details Effective Year Built

571 NE 67th St

Miami, FL 33138

Similar Properties ForSale

    The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Green Wave Realty Group Corp. tel: 305-951-1845

    Real Estate IDX Powered by: TREMGROUP