Basic Information

  • MLS # A11929519
  • Type Single Family Home
  • Subdivision/Complex Mcallister Terr
  • Year Built 1948
  • Total Sqft 11,730
  • Date Listed 12/12/2025
  • Days on Market 2
Description

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.”

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description Driveway, Other, On Street
  • Exterior Features Fence, Fruit Trees, Patio, Room For Pool, Shed

Interior Features

  • Adjusted Sqft 2,101Sq.Ft
  • Interior Features Bedroom On Main Level, First Floor Entry
  • Sqft 2,101 Sq.Ft

Property Features

  • Aprox. Lot Size 11,730
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Mcallister Terr
  • Tax Amount $16,186
  • Tax Year 2025

1400 SW 29th Ave

Miami, FL 33145

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