1054 NW 29th St, Miami FL 33127

Located at 1054 NW 29th St, Miami FL 33127, this fully rehabbed detached quadruplex in the SANTA CLARA SUB offers 4,902 sq ft of living area. Built in 1983, the property features a brand-new permitted roof completed one month ago and sits just two blocks from Wynwood in Miami-Dade County.
Each unit was redone with new impact windows, new appliances, and washer/dryers in every unit. All units have individual electric meters paid by the tenant. Cooling is provided by ceiling fans and central air, and heating is central and electric. As a Residential Income property, the entire building is currently leased to one tenant for $15,000/month, returning a CAP of over 7%. The lease is active through the summer of 2027 with an option to renew.
Architectural style: Detached. Subdivision/Building Name: SANTA CLARA SUB. Sister building next door at 1044 is also for sale at the same price.