1044 NW 29th St, Miami FL 33127

Well-presented, detached quadruplex in the SANTA CLARA SUB — a residential income opportunity with 4,790 sq ft of living area. Built in 1983 and located in Miami-Dade County, this fully rehabbed property at 1044 NW 29th St, Miami FL 33127 features a brand new, permitted roof completed a month ago. All four units were redone with new impact windows, new appliances, and in-unit washer and dryer sets; each unit also has its own electric meter (tenant pays). Cooling is provided by ceiling fans and central air, and heating is central electric.
Currently leased to one tenant for $15,000/month (active through summer 2027 with an option to renew), the building returns a cap rate of over 7%. The property sits just two blocks from Wynwood and is part of the SANTA CLARA SUB subdivision. Architectural style: Detached. Note: sister building next door at 1054 is also for sale at the same price.