Property Description

Rare opportunity in the heart of Wynwood Norte, one of Miami’s fastest-growing urban neighborhoods. Situated on an approximately 10,000 SF double lot and zoned T4-R with the NRD-2 Overlay, the property offers significant redevelopment potential, with the possibility to develop up to 36 residential units. The property is currently consists of two existing structures, including a two-story duplex and a separate single-family residence, creating immediate income-producing opportunities while future development plans are pursued. Investors may choose to continue operating the existing improvements, renovate and reposition the property for increased rental income, occupy one of the residences while generating income from the remaining units, or assemble neighboring parcels to create a larger-scale development opportunity. Located just minutes from Wynwood, Midtown Miami, the Design District, and major transportation corridors including I-95 and I-195, the property benefits from strong demand drivers, walkability, and continued public and private investment throughout the area. Whether acquired as a long-term land bank, an income-producing covered land play, a value-add renovation project, or a future multifamily development site, 255 NW 32nd Street offers investors and developers multiple paths to create value in one of Miami’s most dynamic growth corridors.

Features
Swimming Pool
Heating System
Cooling System
Roof
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33127
Street:
255 Nw 32nd St, Miami, Florida 33127
Longitude:
W81° 47' 57.6''
Latitude:
N25° 48' 24.2''
MLS Addon
Building Area:
2,588 Sqft
Construction Materials
Cumulative DOM:
94
DOM:
94
Flooring
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
01-31-25-019-2940
Subdivision Name:
WYND WOOD PARK
Tax Annual Amount:
$15,144
Utilities
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Residential Income For Sale

255 Nw 32nd St, Miami, Florida 33127, Miami, Florida 33127

2,280 Sqft
$1,845,000
MLS # #A12041715
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,845,000
Square Footage :
2,280 Sqft
Year Built :
1938
MLS # :
A12041715
Agent info
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