Homes for sale in Miami
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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
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.