Basic Information

  • MLS # A11929519
  • Type Single Family Residence
  • Status Active
  • 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.”

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • View Garden, Other
  • Construction Type Block
  • Parking Description Driveway, Other, On Street
  • Exterior Features Fence, Fruit Trees, Patio, Room For Pool, Shed
  • Roof Description Barrel
  • Style Single Family Residence

Interior Features

  • Adjusted Sqft 2,101Sq.Ft
  • Cooling Description Central Air
  • Equipment Appliances Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Ice Maker, Refrigerator, Washer
  • Heating Description Central
  • Interior Features Bedroom On Main Level, First Floor Entry
  • Sqft 2,101 Sq.Ft

Property Features

  • Address 1400 SW 29th Ave
  • Aprox. Lot Size 11,730
  • Architectural Style Detached, One Story
  • City Miami
  • Community Features Street Lights
  • Construction Materials Block
  • County Miami- Dade
  • Direction Faces South
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Lot Features Less Than Quarter Acre
  • Occupant Type Tenant
  • Parking Features Driveway, Other, On Street
  • Patio And Porch Features Patio
  • Pool Features None
  • Possession Closing And Funding
  • Postal City Miami
  • Public Survey Township 1
  • Roof Barrel
  • Sewer Description Public Sewer
  • Stories 1
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Mcallister Terr
  • Tax Amount $16,186
  • Tax Legal desc M C A L L I S T E R T E R R A C E P B14-49 L O T11 L E S S W1/2& L O T12 B L K9 L O T S I Z E85.000 X138 O R16884-437208954
  • Tax Year 2025
  • Terms Considered Cash, Conventional
  • Type of Property Single Family Residence
  • View Garden, Other
  • Water Source Public
  • Year Built Details Effective Year Built

1400 SW 29th Ave

Miami, FL 33145

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