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244 32nd St, Miami, FL 33127

Offering:
For Sale
Location:
Miami, FL 33127
Subdivision:
WYND WOOD PARK
Status:
Active
Living Area sq ft
1,800 sq ft
$1,175,000
Details
Year built:
1937
Levels:
Two
Stories:
2
Parking:
8 spaces
Days on market:
7
Cumulative days on market:
38
Annual tax (2025):
$1,259,172
Type:
Triplex
MLS ID
A12010516
Virtual tour:
Listed by:
Fausto Commercial Realty Consultants Inc (FAUS01)
Listing office phone:
Listing office email:
Listing agent:
Martina Smolakova (3474819)

Features

Block
Concrete
Less Than Quarter Acre
Utilities
Available:
Cable Available
Sewer:
Public Sewer

Description

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 access 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.
Price history
$1,175,000 → $1,175,000 · 1 price changes

Location

244 NW 32nd St
Miami, FL 33127
MLS information

Last updated May 7, 2026

Deemed reliable but not guaranteed.

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