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1946 NW 49Th St Miami, FL 33142

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For Sale
$780,000

Income-producing property near Wynwood and Miami Design District.

Building Details

Year built
1929

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Listing Contact
Elias Gonzalez
Source: Elliman

Listing Agent: Elias Gonzalez

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Remodeled Multi-Unit Property Near Wynwood

This income-producing multi-unit property is located approximately 5 minutes from Wynwood and the Miami Design District. The property was fully remodeled with permits approximately 6 months ago. Remodeling included a new roof, impact windows, plumbing, HVAC, and modern kitchens with high-end finishes. The property is currently fully leased. The front unit, which has 2 bedrooms and 2 bathrooms, is leased for $2,900 per month. The rear unit, which has 2 bedrooms and 1 bathroom, is leased for $2,100 per month. The studio is leased for $1,200 per month, bringing the total monthly income to $6,200. The property is professionally maintained and located in an area with demand for both long-term and short-term rentals, presenting an investment opportunity for stable returns with upside potential.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.22952
Latitude
25.819614

FAQs

What type of property is this?
Multifamily property - Income-producing property near Wynwood and Miami Design District.
Where is this multifamily property located?
The property is located at 1946 NW 49Th St Miami, FL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: - Fully leased property generating $6,200/month in rental income.; - Recently remodeled (6 months ago) with permits, including **new roof, impact windows, plumbing, and HVAC.**; - Prime location: **5 minutes from Wynwood and the Miami Design District.**
More about this property
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