$1,175,000

244 NW 32nd St, Miami, FL 33127

  • 1,800 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1937
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $653/sqft
  • Property List Date Icon Listed 13 hours ago

Property Description

Investment & Development Opportunity in Wynwood Norte Seize a unique opportunity in the highly sought-after Wynwood Norte with this prime investment property. Strategically positioned near Wynwood, Midtown, and the Design District, this site offers immediate cash flow with massive future development upside. Zoning & Development PotentialZoning: T4-R with the NRD-2 Zoning Overlay. Density: Boasting 150 units per acre, allowing for the construction of up to 24 units by right. Parking: Development can be completed without parking requirements. Versatility: Alternatively, the site can be transformed into an upscale townhome development, benefiting from easy access to I-95. Operational Highlights Low Overhead: Tenants pay all utilities and maintenance, ensuring a streamlined operation for the owner. Condition: The roof is in excellent shape—well-maintained with no leaks or issues. Location & Market Growth Nestled just south of the Design District and west of Midtown, Wynwood Norte is undergoing rapid growth following the expansion of Wynwood. With over 6,000 residential units and 2 million square feet of office space in the immediate vicinity, this property is your chance to be part of the next big wave in Miami's dynamic real estate market. Note: DO NOT DISTURB TENANTS.

Listing Status:
Active
Date Added:
April 30, 2026
Data Last Updated:
April 30, 2026 at 6:06PM
Listing Office:
Fausto Commercial Realty Consultants Inc : 786-748-7373
Listing Agent:
Martina Smolakova : 305-801-0759
MLS ID:
A12010516
  • Flooring: Other
  • A/C: Central Air
  • Heating: NoneOther
  • Style: DetachedOther
  • Parking: Parking spaces: 8
  • Roofing: Concrete
  • General: Concrete Block Construction2
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 3900WYNDWOOD 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 101-31-25-019-3050
  • Sewer: Public Sewer
  • Source: Miami Association of REALTORS®

This listing courtesy of Martina Smolakova , Fausto Commercial Realty Consultants Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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