$990,000Active

241 NW 32nd Street, Miami, FL 33127

Miami, FL 33127

1,708

Sq Ft

$580

$/Sq Ft

1955

Year Built

Listing Snapshot

List Price	$990,000
Price / Sq Ft	$580
Beds	0
Baths	0
Living Area	1,708 sqft

Year Built	1955
Property Tax	$15,768/yr
MLS #	1175552689
Status	Active

About This Home

DEVELOPMENT OPPORTUNITY: Prime investment property in North Wynwood with T-4R zoning, offering flexible residential development potential, including multifamily, townhomes, and other urban residential concepts (buyers and Realtor must independently verify zoning, land use, and development regulations with the City of Miami). INVESTMENT POTENTIAL: Ideal for repositioning, redevelopment, or ground-up construction in one of Miami's fastest-growing urban markets, with strong long-term appreciation potential driven by ongoing neighborhood transformation and increasing institutional investment. LOCATION: Strategically positioned in a rapidly evolving area surrounded by new construction, mixed-use projects, and significant public and private investment, just minutes from Wynwood Walls, Midtown Miami, the Design District, and Downtown Miami. MARKET ADVANTAGE: Located in a high-demand, supply-constrained submarket where residential and rental demand continues to outpace available inventory, creating exceptional value through scarcity. ROI & GROWTH: A rare opportunity for developers and investors seeking strong upside potential, future growth, and long-term returns in one of Miami's most dynamic and rapidly expanding neighborhoods.