Description

Development Opportunity in North Wynwood! Oversized 7,200 SF lot zoned T4-R with plans ready (not yet approved) to build five modern townhomes — each designed with 3 bedrooms, 3 full baths, 2 half baths, private parking, and rooftop terraces. Currently occupied by a duplex (1/1 rented at $1,360 and 3/1 at $1,700/month). Structure is a tear down. Just 2 blocks from Wynwood, 4 blocks from the Design District, and minutes to Downtown Miami. Excellent potential for redevelopment or long-term investment in a rapidly growing area.

Address

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Address: 32nd St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33127
Area: PRICES ADDN TO ST JAMES P

Details

Updated on February 19, 2026 at 3:48 am

Property ID A11798866
Price $1,499,000
Land Area 0.165 Square Feet
Type Residential
Property Status Land/Boat Docks

Additional details

BuildingAreaUnits Square Feet
BuildingName PRICES ADDN TO ST JAMES P
ContractStatusChangeDate 2025-05-07
CurrentUse Residential, Other Usage
DaysOnMarket 287
DevelopmentStatus Undeveloped
DirectionFaces North
Directions From I-95, take Exit 3B, head east on NW 8th St, left on NW 3rd Ave, right on NW 32nd St. Property is at 134 NW 32 St, Miami, FL 33127, near Wynwood.
ExpirationDate 2026-06-05
Fencing Fenced
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-776-8187
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot, Fenced
LotSizeSquareFeet 7200
MLSAreaMajor Prices Addn To St James P
MajorChangeTimestamp February 18, 2026 at 05:47pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp February 18, 2026 at 05:47pm
OnMarketDate 2025-05-07
OriginalEntryTimestamp May 7, 2025 at 08:43pm
OriginalListPrice 1999000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
OtherStructures None
ParcelNumber 01-31-25-027-0310
PhotosChangeTimestamp May 7, 2025 at 08:46pm
PhotosCount 7
Possession Funding
PostalCodePlus4 3715
PreviousListPrice 1750000
PriceChangeTimestamp February 18, 2026 at 05:47pm
PublicSurveyRange 31
PublicSurveySection 25
PublicSurveyTownship 31
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent, Showing Assist
SourceSystemKey 411171897
StateOrProvince FL
StatusChangeTimestamp May 7, 2025 at 08:43pm
StreetDirPrefix NW
StreetName 32nd St
StreetNumber 134
StreetNumberNumeric 134
StructureType Residential
SyndicationRemarks Development Opportunity in North Wynwood! Oversized 7, 200 SF lot zoned T4-R with plans ready (not yet approved) to build five modern townhomes — each designed with 3 bedrooms, 3 full baths, 2 half baths, private parking, and rooftop terraces. Currently occupied by a duplex (1/1 rented at $1, 360 and 3/1 at $1, 700/month). Structure is a tear down. Just 2 blocks from Wynwood, 4 blocks from the Design District, and minutes to Downtown Miami. Excellent potential for redevelopment or long-term investment in a rapidly growing area.
TaxAnnualAmount 14535
TaxLegalDescription PRICES ADD TO ST JAMES PARK PB 4-47 LOT 5 BLK B LOT SIZE 50.000 X 144 OR 10590-517 1279 1 COC 21603-3291 08 2003 6
TaxYear 2024
Vegetation Other Trees
WaterSource Municipal Water
Zoning 3900