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255 NW 32nd Street

Miami, FL 33127
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Bed 7

Bed

Bath 4

Bath

SqFt2,280

Sqft

Rare opportunity in the heart of Wynwood Norte, one of Miami's fastest-growing urban neighborhoods. Situated on an approximately 10,000 SF double lot and zoned T4-R with the NRD-2 Overlay, the property offers significant redevelopment potential, with the possibility to develop up to 36 residential units. The property is currently consists of two existing structures, including a two-story duplex and a separate single-family residence, creating immediate income-producing opportunities while future development plans are pursued. Investors may choose to continue operating the existing improvements, renovate and reposition the property for increased rental income, occupy one of the residences while generating income from the remaining units, or assemble neighboring parcels to create a larger-sc ale development opportunity. Located just minutes from Wynwood, Midtown Miami, the Design District, and major transportation corridors including I-95 and I-195, the property benefits from strong demand drivers, walkability, and continued public and private investment throughout the area. Whether acquired as a long-term land bank, an income-producing covered land play, a value-add renovation project, or a future multifamily development site, 255 NW 32nd Street offers investors and developers multiple paths to create value in one of Miami's most dynamic growth corridors.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,945,000

AD Id : 85768375

MLS Id : A12041715

Beds : 7

Living Area Size : 2,280

Year Built : 1938

County : Miami-Dade

Subdivision: Wynwood

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Feature Features

  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric, SeparateMeters, WallFurnace Has Cooling: Yes Cooling: CentralAir, Electric, WallWindowUnits

  • Building Information

    Year Built: 1938
    Building Area Total: 2588
    Construction Materials: Block
    Private Pool: No

  • Listing Price Information

    Listing Price: $1945000
    Cash, Conventional

  • Tax Information

    Parcel Number: 0131250192940 Tax Year: 2025 Annual Tax: $15144 Tax Legal Desc: WYNDWOOD PARK PB 5-23 LOTS 16 & 17 BLK 15 LOT SIZE 100.000 X 100

  • School Information

    Elementary School: Eneida Massas Hartner Junior High School: Jose De Diego Senior High School: Booker T. Washington
  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
145 NW 31st St, Miami, FL, 33127 $1,475,000 5 4 2,018 2,018 SqFt
1074 NW 27th St, Miami, FL, 33127 $796,300 -- -- 2,057 2,057 SqFt
223 NW 51st St, Miami, FL, 33127 $1,190,000 3 3 1,723 1,723 SqFt
3181 NW 5th Ave, Miami, FL, 33127 $1,199,000 3 3 1,378 1,378 SqFt
1075 NW 30th St, Miami, FL, 33127 $1,170,000 8 4 2,904 2,904 SqFt
247 NW 54th St, Miami, FL, 33127 $1,350,000 7 5 2,156 2,156 SqFt
584 NW 30th St, Miami, FL, 33127 $1,590,000 2 1 2,816 2,816 SqFt
790 NW 56th St, Miami, FL, 33127 $535,000 4 2 1,572 1,572 SqFt
5517 NW 1st Pl, Miami, FL, 33127 $720,000 6 4 1,551 1,551 SqFt
70 NW 33rd Street, Miami, FL, 33127 $1,600,000 -- -- 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 08/15/2026 @ 13:02

MLS: A12041715 LISTED BY: Uccio Zecchini, BZG International, LLC 305-640-5106 SOURCE: Beaches MLS

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