244 NW 32nd St, Miami, FL 33127

Miami
Local realty services provided by:First Service Realty ERA Powered
244 NW 32nd St,Miami, FL 33127
$1,175,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,800 sq. ft.
  • Multi-family
  • Active
Listed by: martina smolakova
Office: fausto commercial realty consultants inc786-748-7373
MLS#:A12010516
Source:SEFMLS

Price summary

  • Price:$1,175,000
  • Price per sq. ft.:$165.49

About this home

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,...

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Home facts

  • Year built:1937
  • Listing ID #:A12010516
  • Updated:June 29, 2026 at 09:55 AM

Rooms and interior

  • Living area:1,800 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Concrete
  • Year built:1937
  • Building area:1,800 sq. ft.
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,175,000
  • Price per sq. ft.:$165.49
  • Tax amount:$1,259,172 (2025)

Parking

  • Total parking spaces:8
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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