Active

244 NW 32nd St

Miami, FL 33127
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Bed 7

Bed

Bath 3

Bath

SqFt1,800

Sqft

Wynwood Norte | Covered Land Play — 24-Unit By-Right Development with Income In Place A rare chance to enter one of Miami's hottest corridors with cash flow from day one and a clear path to 24 units — no variances, no parking, just execute. The existing ±2,000 SF triplex generates $4,000/month ($34,200 NOI), with tenants covering utilities and maintenance — keeping carry costs low while you permit and design. Zoned T4-R within the NRD-2 overlay, the site allows up to 150 units/acre by right, with zero parking requirements and zero variances needed — multifamily or fee-simple townhomes, your call. Just west of Midtown Miami and the Design District, Wynwood Norte sits in one of South Florida's most active development pipelines — 6,000+ units and 2M+ SF of office planned nearby. Easy acce ss to I-95, Wynwood, Edgewater, Downtown, and Miami Beach. Our team has closed 5 sites in Wynwood Norte and can support you on design, underwriting, entitlements, and introductions to lenders, architects, and builders who know this market. Income in place. Simple zoning. No parking headaches. No variance risk. Just execute. DO NOT DISTURB TENANTS — Showings by appointment only.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,175,000

AD Id : 77850722

MLS Id : A12010516

Beds : 7

Living Area Size : 1,800

Year Built : 1937

County : Miami-Dade

Subdivision: Wynwood

  • Map Map

Map

Feature Features

  • Interior Features

    Roof: Concrete
  • Heating & Cooling

    Heating: None, Other Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1937
    Building Area Total: 7100
    Construction Materials: Block
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Description: LessThanQuarterAcre

    Property Information

    Subdivision: WYND WOOD PARK Source Property Type: ResidentialIncome Postal Code Plus 4: 3750 Zoning Description: 3900 Property SubType: Triplex Levels: Two Property Age: 89

  • Listing Price Information

    Listing Price: $1175000
    Cash

  • Tax Information

    Parcel Number: 01-31-25-019-3050 Tax Year: 2025 Annual Tax: $1259172 Tax Legal Desc: WYNDWOOD PARK PB 5-23 LOT 4 BLK 16 LOT SIZE 50.000 X 142 OR 21236-0441 01 2003 4 COC 22183-0413 03 2004 1

  • Parking Information

    Parking Total: 8

  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
118 NW 24th St, Miami, FL, 33127 $3,475,000 -- 1 2,983 2,983 SqFt
190 NW 57th St, Miami, FL, 33127 $1,400,000 6 4 2,280 2,280 SqFt
147 NW 61st St, Miami, FL, 33127 $2,190,000 16 10 5,369 5,369 SqFt
5130 - 5140 NW 5th Avenue, Miami, FL, 33127 $3,375,000 12 12 5,800 5,800 SqFt
5140 NW 5th Ave, Miami, FL, 33127 $1,725,000 6 6 2,700 2,700 SqFt
67 NW 34th St, Miami, FL, 33127 $1,250,000 5 3 1,920 1,920 SqFt
270 NW 35th St, Miami, FL, 33127 $950,000 2 2 900 900 SqFt
145 NW 32nd St, Miami, FL, 33127 $890,000 4 3 1,788 1,788 SqFt
5501 NW Miami Ct, Miami, FL, 33127 $1,100,000 4 4 2,890 2,890 SqFt
70 NW 33rd St, Miami, FL, 33127 $1,600,000 3 2 1,176 1,176 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/07/2026 @ 19:46

MLS: A12010516 LISTED BY: Martina Smolakova, Fausto Commercial Realty Consultants Inc 786-748-7373 SOURCE: SEFMIAMI

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