1400 SW 29th Ave, Miami, Florida 33145 USA
$1,059,000
Single Family
MLS® A11929519
About this Property
Rare opportunity to own a versatile single-family residence with two in-law quarters on an expansive double lot in one of Miami's most desirable and central locations. This property features a total of 5 bedrooms and 4 bathrooms and is currently fully rented, generating a strong rental income of $5,950/month. Tenants are in place with leases through November 2026, providing immediate and stable cash flow. Endless possibilities: Keep the home as-is for investment, renovate, or demolish and build your dream home on this oversized lot. Developers will appreciate the exceptional potential to divide the double lot and build two new homes valued at $2M+ each. Perfectly situated just minutes from Coral Gables, Coconut Grove, Downtown Miami, Brickell, Key Biscayne Beach, and Miami Beach, with a variety of popular neighborhood restaurants within walking distance. A uniquely flexible property in a prime location—ideal for investors, builders, or end-users seeking opportunity and convenience.â€Property Tour
Property Location
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Disclaimer
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of The Salazar Group Real Estate, LLC..
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