Description

Multifamily Investment (8/8 Studios in WYNWOOD – FOR SALE) •Zoning: T5-O/NRD-1 • Lot Size 7,500SF •Covered Land Play property; Owner would receive income while working on development plans • Great opportunity for owner user or developer with all tenant leases up-to-date • Current income: Approx. $12,400/Month • Property includes 8 street parking spaces (City Decal) • New roof installed in ’16 • WiFi network for all tenants • Central washer and dryer • Minutes to Miami Design District, Midtown, Allapattah, Miami beach, Downtown Miami and more

Address

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Address: 24th St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33127
Area: MARKS SUB

Details

Updated on March 20, 2026 at 2:52 am

Property ID A11977900
Price $3,950,000
Property Size 2983 Square Feet
Year Built 1927
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 2983
BuildingAreaUnits Square Feet
BuildingFeatures Laundry Facility
BuildingName MARKS SUB
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-03-06
Cooling Wall/Window Unit(s)
DaysOnMarket 13
DocumentsAvailable Deposit Held, Financial Statement, Inventory, Rent Rolls
ExpirationDate 2027-09-03
Fencing Fenced
Flooring Concrete
Heating None
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 203-508-2407
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Marks Sub
MajorChangeTimestamp March 6, 2026 at 03:22pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp March 19, 2026 at 02:28pm
NetOperatingIncome 92050
NumberOfUnitsInCommunity 1
OnMarketDate 2026-03-06
OperatingExpense 56717
OriginalEntryTimestamp March 6, 2026 at 03:22pm
OriginalListPrice 3950000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-25-037-0420
ParkingTotal 8
PhotosChangeTimestamp March 19, 2026 at 02:30pm
PhotosCount 18
Possession Funding
PostalCodePlus4 4458
PriceChangeTimestamp March 6, 2026 at 03:22pm
PublicSurveyRange 31
PublicSurveySection 25
PublicSurveyTownship 31
RentIncludes None
Roof Shingle
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 438474245
StateOrProvince FL
StatusChangeTimestamp March 6, 2026 at 03:22pm
Stories 1
StoriesTotal 1
StreetDirPrefix NW
StreetName 24th St
StreetNumber 118
StreetNumberNumeric 118
StructureType Quadruplex, Fourplex
SyndicationRemarks Multifamily Investment (8/8 Studios in WYNWOOD - FOR SALE) •Zoning: T5-O/NRD-1 • Lot Size 7, 500SF •Covered Land Play property; Owner would receive income while working on development plans • Great opportunity for owner user or developer with all tenant leases up-to-date • Current income: Approx. $12, 400/Month • Property includes 8 street parking spaces (City Decal) • New roof installed in '16 • WiFi network for all tenants • Central washer and dryer • Minutes to Miami Design District, Midtown, Allapattah, Miami beach, Downtown Miami and more
TaxAnnualAmount 56717
TaxLegalDescription 25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4 COC 26485-4056 07 2008 4
TaxYear 2025
TotalActualRent 148800
WaterSource Municipal Water
WindowFeatures Skylight(s)
YearBuiltDetails Effective Year Built
Zoning 6101