- MLS® #: A11849138
- 550 Nw 30th St
- Miami, FL 33127-3764
- $1,695,000
- Business
This unique income-producing property offers an incredible business opportunity with multiple revenue streams and significant upside potential. Situated on a large piece of land, the property currently generates income from a variety of rental units and event space opportunities, with additional vacant units ready to increase monthly cash flow even further. The property features 11 trailer units projected to generate approximately $1,200 per month each when occupied. In addition, the property includes a detached shed-style home currently rented for $1,400 per month, as well as 4 cabins, with 3 rented at $1,000 per month and 1 rented at $800 per month. The property also serves as an event venue, producing additional income through private events and gatherings. With all units occupied and event operations continuing, the property has the potential to generate an estimated $24,000 per month in gross income. Additional highlights include a private well water system equipped with two Genesis water treatment systems, with one system servicing each half of the property. This is a rare opportunity for investors, entrepreneurs, or owner-operators seeking a versatile property with immediate income and substantial future growth potential.
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Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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