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Homes for sale in Miami
Quadruplex

571 NE 67th St

Miami, FL 33138
$1,549,000
Sq ft
2,262
Year built
1957
Price per sq ft
$685

Listing courtesy of Adriana Molina, Green Wave Realty Group Corp

About this home

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

Details

Property

Type
Quadruplex
Building
Fourplex
Year built
1957
Stories
1
Building name
MORNINGSIDE AMD
Subdivision
MORNINGSIDE AMD
County
Miami-Dade County
Flood zone
X

Interior

Flooring
Tile
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Heating
Electric

Exterior and parking

Patio and porch
Patio
Construction
Concrete Block Construction
Roof
Concrete

Community and fees

Annual taxes
$17,000
Terms
All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated July 27, 2026.