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
Property Details
Price:
$1,549,000
MLS #:
A12003041
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
MORNINGSIDE AMD
Neighborhood:
morningsideamd
Listed Date:
Apr 20, 2026
Finished Sq Ft:
2,262
Total Sq Ft:
2,262
Year Built:
1957
Units:
4
See this Listing
Schools
Interior
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Flooring
Tile
Heating
Electric
Exterior
Building Features
Laundry Facility
Construction Materials
Concrete Block Construction
Fencing
Fenced
Lot Features
Less Than 1/4 Acre Lot, Regular Lot, West Of US 1
Other Structures
Extra Building/Shed
Parking Spots
6
Parking Total
6
Patio And Porch Features
Patio
Roof
Concrete
Stories
1
Window Features
Blinds
Financial
Tax Year
2025
Taxes
$17,000
Map
Community
- Address571 NE 67th St Miami FL
- SubdivisionMORNINGSIDE AMD
- CityMiami
- CountyMiami-Dade County
- Zip Code33138
Subdivisions in Miami
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 159 NE 6TH STREET CONDO
- 17TH AVE MANOR
- 1800 CLUB CONDO
- 7TH ADDN TO RICHMOND HEIG
- 801 SMA RESIDENCES CONDO
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- COMFORT GARDENS
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JADE WINDS GROUP BAMBOO GARDENS CONDO
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- MAJORCA ISLES III CONDO
- MILON VENTURE
- NORTH DADE COUNTRY CLUB VILLAG
- RALPH PLAZA II CONDO
- RANDALL PARK
- ROLLING GREEN CONDO
- ROYAL GLEN
- SIERRA
- SWEETWATER ESTATES SUB
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WEST MIAMI SHORES SEC B
- WESTCHESTER PT 01
Market Summary
Current real estate data for Multi Family in Miami as of Aug 17, 2026
481
Multi Family Listed
150
Avg DOM
485
Avg $ / SqFt
$1,172,029
Avg List Price
Property Summary
- Located in the MORNINGSIDE AMD subdivision, 571 NE 67th St Miami FL is a Multi Family for sale in Miami, FL, 33138. It is listed for $1,549,000 To schedule a showing of MLS#a12003041 at 571 NE 67th St in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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