FOR SALE

1400 29th Ave

Miami-dade, Mcallister Terr, Miami, FL

Asking

$1,059,000

BTC

11.525

ETH

336.10

Beds
5
Baths
4
Home Size
2,101 sq. ft.
Year Built
1948
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.”

LOADING

Location

Market Area
Miami-Dade
Neighborhood
MCALLISTER TERR

Agent

Llilian Madan Vila

+1 310 910 1722

Contact Email

[email protected]