Description

Investment & Development Opportunity in Wynwood Norte

Seize a unique opportunity in the highly sought-after Wynwood Norte with this prime investment property. Strategically positioned near Wynwood, Midtown, and the Design District, this site offers immediate cash flow with massive future development upside.

Zoning & Development PotentialZoning: T4-R with the NRD-2 Zoning Overlay.
Density: Boasting 150 units per acre, allowing for the construction of up to 24 units by right.
Parking: Development can be completed without parking requirements.
Versatility: Alternatively, the site can be transformed into an upscale townhome development, benefiting from easy access to I-95.

Operational Highlights
Low Overhead: Tenants pay all utilities and maintenance, ensuring a streamlined operation for the owner.
Condition: The roof is in excellent shape—well-maintained with no leaks or issues.

Location & Market Growth
Nestled just south of the Design District and west of Midtown, Wynwood Norte is undergoing rapid growth following the expansion of Wynwood.

With over 6,000 residential units and 2 million square feet of office space in the immediate vicinity, this property is your chance to be part of the next big wave in Miami’s dynamic real estate market.
Note: DO NOT DISTURB TENANTS.

Address

Open on Google Maps

Address: 32nd St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33127
Area: WYND WOOD PARK

Details

Updated on May 6, 2026 at 4:09 am

Property ID A12010516
Price $1,175,000
Property Size 1800 Square Feet
Year Built 1937
Type Triplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached, Other
BuildingAreaTotal 7100
BuildingAreaUnits Square Feet
BuildingName WYND WOOD PARK
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-04-30
Cooling Central Air
DaysOnMarket 5
DocumentsAvailable None
ExpirationDate 2026-10-29
Flooring Other
Heating None, Other
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-801-0759
ListingTerms All Cash
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Wynd Wood Park
MajorChangeTimestamp April 30, 2026 at 03:27pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp May 5, 2026 at 05:00pm
NumberOfUnitsInCommunity 3
OnMarketDate 2026-04-30
OriginalEntryTimestamp April 30, 2026 at 03:27pm
OriginalListPrice 1175000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-25-019-3050
ParkingTotal 8
PhotosChangeTimestamp May 5, 2026 at 12:36pm
PhotosCount 9
PostalCode 33127
PostalCodePlus4 3750
PriceChangeTimestamp April 30, 2026 at 03:27pm
PublicSurveyRange 31
PublicSurveySection 25
PublicSurveyTownship 31
RentIncludes Sewer
Roof Concrete
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 460574059
StateOrProvince FL
StatusChangeTimestamp April 30, 2026 at 03:27pm
Stories 2
StoriesTotal 2
StreetDirPrefix NW
StreetName 32nd St
StreetNumber 244
StreetNumberNumeric 244
StructureType Triplex
SyndicationRemarks Investment & Development Opportunity in Wynwood Norte Seize a unique opportunity in the highly sought-after Wynwood Norte with this prime investment property. Strategically positioned near Wynwood, Midtown, and the Design District, this site offers immediate cash flow with massive future development upside. Zoning & Development PotentialZoning: T4-R with the NRD-2 Zoning Overlay. Density: Boasting 150 units per acre, allowing for the construction of up to 24 units by right. Parking: Development can be completed without parking requirements. Versatility: Alternatively, the site can be transformed into an upscale townhome development, benefiting from easy access to I-95. Operational Highlights Low Overhead: Tenants pay all utilities and maintenance, ensuring a streamlined operation for the owner. Condition: The roof is in excellent shape—well-maintained with no leaks or issues. Location & Market Growth Nestled just south of the Design District and west of Midtown, Wynwood Norte is undergoing rapid growth following the expansion of Wynwood. With over 6, 000 residential units and 2 million square feet of office space in the immediate vicinity, this property is your chance to be part of the next big wave in Miami's dynamic real estate market. Note: DO NOT DISTURB TENANTS.
TaxAnnualAmount 1259172
TaxLegalDescription WYNDWOOD PARK PB 5-23 LOT 4 BLK 16 LOT SIZE 50.000 X 142 OR 21236-0441 01 2003 4 COC 22183-0413 03 2004 1
TaxYear 2025
YearBuiltDetails Effective Year Built
Zoning 3900