1. Florida
2. Miami
3. 255 NW 32nd St

255 NW 32nd St, Miami, FL 33127

• 2,280 sqft

Property Description

The subject property consists of two separate structures sitting on a 10,000 SF lot; a duplex with 3 bedrooms and 1 bathroom each on both the top and bottom floors, as well as an ancillary unit with 3 bedrooms and 2 bathrooms. All units are around 900 SF each. The property is currently 100% occupied with rents at $1,995 per month and a total gross income of $71,820. Rents are on a month-to-month basis and are determined to be under-market. The property is best seen as a covered land play, offering an investor the opportunity to ultimately take advantage of the Wynwood Norte NRD-2 zoning overlay for low-intensity infill development. The site carries an increased density of 150 d/U per acre, allowing for approximately 33 units. Seller Financing is available at very favorable times

Listing Status:

Active

Date Added:

January 6, 2025 at 06:00AM

Listing Office:

Dwntwn Realty Advisors LLC : 305-909-7343

Listing Agent:

Rayza Perez : 786-325-9928

MLS ID:

A11718805

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

Financial

This listing courtesy of Rayza Perez, Dwntwn Realty Advisors LLC