244 NW 32nd Street, Miami, FL 33127
Listing Snapshot
| List Price | $1,175,000 |
| Price / Sq Ft | $653 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 1,800 sqft |
| Year Built | 1937 |
| Property Tax | $1,259,172/yr |
| MLS # | 1158767085 |
| Status | Active |
| Days on Market | 71 |
About This Home
Wynwood Norte | Covered Land Play — 24-Unit By-Right Development with Income In PlaceA 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.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Triplex
- Stories
- 2
- Parking Spaces
- 8
- Zoning
- 3900
- Utilities
- CableAvailable
- Subdivision
- WYND WOOD PARK
Interior Features
- Flooring
- Other
- Heating
- None,Other,SeparateMeters
- Cooling
- CentralAir
Exterior Features
- Construction
- Block
- Roof
- Concrete
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 2310
Schools
Map
Virtual Tour
View Virtual TourMLS# 1158767085 · BEACH
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Estimate Your Payment
20% down · Loan: $940,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.