Incredible Income-Producing Fourplex! Welcome to 1647 NW 29th Ave—a rare find in the heart of the city! This one-story Fourplex is a turn-key investment opportunity, offering 5 bedrooms and 4 full bathrooms across four fully furnished units, each equipped with all necessary appliances. Perfect for Airbnb or short-term rentals, this property has been performing with great results for over 2 years, making it ideal for maximizing returns. Located just minutes from Miami Freedom Park, future home of the Inter Miami Soccer Stadium. Don’t miss this hassle-free, highly desirable property. Call today to schedule a showing!
Cooling: Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
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Directions Information:
Directions: Head west on SE 1st St. Turn right onto N Miami Ave and continue for 1 mile. Turn left onto NW 14th St, then right onto NW 12th Ave. After 1 mile, turn left onto NW 20th St. Turn right onto NW 29th Ave and continue for 0.7 miles.
Price Information
Listing Price Info
Price Summary:
List Price: $950,000
Price Per SqFt: $473/SqFt
Tax Information:
Annual Amount: $7,414
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Kensington Park Elementary School
711 NW 30th Ave
Distance between this listing and this school0.67 miles
Public District Grades PK-5
4
/10
Citrus Grove Elementary School
2121 NW 5th St
Distance between this listing and this school1.07 miles
Public District Grades PK-5
4
/10
Comstock Elementary School
2420 NW 18th Ave
Distance between this listing and this school1.18 miles
Public District Grades PK-5
Nearby Schools
4
/10
Citrus Grove Middle School
2153 NW 3rd St
Distance between this listing and this school1.16 miles
Public District Grades 6-8
6
/10
Bridgeprep Academy Interamerican Campus
621 Beacom Blvd
Distance between this listing and this school1.64 miles
Public Charter Grades KG-8
10
/10
International Studies Charter Middle School
2480 SW 8th St
Distance between this listing and this school1.74 miles
Public Charter Grades 6-8
Nearby Schools
1
/10
Green Springs High School
3555 NW 7th St
Distance between this listing and this school0.99 miles
Public Charter Grades 9-12
5
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school1.34 miles
Public Magnet Grades 9-12
3
/10
Miami Jackson Senior High School
1751 NW 36th St
Distance between this listing and this school1.72 miles
The neighbors living near this home have an average income of $32,736. The most common annual income of people living in Miami, FL is less than $35k. Typical family type is married, no kids. Residents of this area typically have high school diploma education.
This home is located at 1647 NW 29th Ave in Miami, FL and zip code 33125 in the Grapeland neighborhood. This 2,010 square foot home was built in 1967. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $950,000.
Over 38 listings were sold over their listed price in November 2024 in Miami, FL. In the same period over 445 listings were sold below the listed price and 112 listings were sold for the listed price. In November 2024 in Miami, FL there were 6.7% more homes for sale than in October 2024. While the average time on the market in November 2024 was 60 days, the median list price was $565,671.
From Rocket Homes Real Estate and based on county public records data.