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Fully Renovated Furnished Fourplex
For Sale
$1,590,000

584 NW 30th St, Miami, FL 33127

MULTI_FAMILY - Other - Miami, FL

Property Size2,816 SF
Price / SF$564.63
Days on Market14

Property Features for 584 NW 30th St

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description 6107
Bedrooms 2
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Bedroom 2
Parking 5
Subdivision NORTHERN BLVD TRACK
Lot features < 1/4 Acre
Standard status Active
APN 01-31-25-024-1970
Size 2,816 SF

Taxes and HOA fees

Tax Year 2025
Tax Description NORTHERN BLVD TR PB 2-29 LOT 11 BLK 13 LOT SIZE 50.000 X 127 OR 10160-648 0978 1
Tax Annual Amount 15242
Legal Description NORTHERN BLVD TR PB 2-29 LOT 11 BLK 13 LOT SIZE 50.000 X 127 OR 10160-648 0978 1

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Building Details

Year built 1973
Floors in Building 2
Flooring type Wood, Hardwood
Building materials Brick
Roof type Shingle
Architectural style Other
Listing Agency: Beachfront Realty Inc
Listed By: Maytal Brosh · License #3267851
Added: Jul 18 Changed: Jul 29 Last Checked: Jul 31 at 9:06PM
MLS# A11980231

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property is a fully renovated, fully furnished fourplex with four separate 2-bedroom, 1-bath units. All units are currently vacant, which allows an owner to move quickly without needing to coordinate tenant turnover. The building includes separate electric meters for the units and on-site parking, supporting straightforward day-to-day operation. A completed 40-year recertification is noted as part of the improvements.

Located in Miami, the public remarks describe the area as Wynwood, with proximity to dining, retail, and the art district, as well as Midtown, the Design District, and Downtown Miami. The listing also notes access to major highways.

For buyers or operators, the configuration and condition are geared toward immediate use, whether for traditional long-term rentals, furnished rentals, or short-term rental operations. The public remarks state that an Airbnb/STR license is in the final approval stages, which may align with an operator seeking to run short-term stays as part of the operating plan. With all units vacant and furnished, the property is positioned for quick onboarding once the buyer’s preferred rental strategy is confirmed.

Key Highlights

  • Fourplex with spacious 2BR/1BA units; all units are vacant and ready for new rent setup
  • Fully furnished units with a furnished‑rental or short‑term rental strategy enabled by current vacancy
  • Brick construction with central heating and central air conditioning; shingle roof

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $86.2k $30.60
− Vacancy −$5.5k −$1.95
EGI $80.7k $28.65
− OpEx −$24.2k −$8.60
NOI $56.5k $20.06
2,816 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$806.8K
$706.0K – $941.3K (±1% cap)
NOI $56,476 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$743.2K
$650.3K – $867.0K (±1% cap)
NOI $52,021 @ 7.0% cap · market cap 3.27%
Theoretical Best
Specialty Retail
$1.90M
$1.66M – $2.22M (±1% cap)
NOI $133,057 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Buffet Nursing Home Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,003
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Turnkey four-unit property with vacant furnished 2BR/1BA homes, separate electric meters, and on-site parking.
Where is this quadplex located?
The property is located at 584 NW 30th St Miami, FL.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Fourplex with spacious 2BR/1BA units; all units are vacant and ready for new rent setup; Fully furnished units with a furnished‑rental or short‑term rental strategy enabled by current vacancy; Brick construction with central heating and central air conditioning; shingle roof
More about this property
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