What is the asking price and what does it include?

The list price for 266 NW 32nd St, Miami FL 33127 is $1,250,000. The property is a property with — bedrooms, — bathrooms, approximately — square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 266 NW 32nd St, Miami FL 33127 in Miami, 33127. Coordinates are approximately 25.8063837, -80.2006979. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 1,250,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 266 NW 32nd St, Miami FL 33127.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

266 NW 32nd St, Miami FL 33127 | Miami-Dade County | A12023030

Active

266 NW 32nd St, Miami FL 33127 | Miami-Dade County | A12023030

$1,250,000

Description

This 7,100-square-foot lot in Wynwood Norte presents a unique opportunity to develop multifamily housing or a single-family home in one of Miami’s fastest-growing emerging neighborhoods. While your permits are being approved, the property can generate approximately $52,800 in annual income, with tenants covering all utility expenses and the owner responsible for only about $13,000 per year in property taxes. Don’t miss this exceptional investment opportunity with immediate income potential and long-term development upside.

Address

Open on Google Maps

Address: 32nd St
City: Miami
Zip/Postal Code: 33127

Details

Updated on June 8, 2026 at 8:07 am

Property ID A12023030
Price $1,250,000
Property Status Active

Additional details

StreetDirPrefix NW
LivingAreaUnits Square Feet
PhotosCount 3
MIAMIRE_SubdivisionNumber 19
ViewYN No
MIAMIRE_EnvironmentalAudit None
MIAMIRE_NARRulesYN Yes
BuildingName WYND WOOD PARK
ListingKeyNumeric 486047532
MLSAreaMajor Wynd Wood Park
TaxAnnualAmount 13324
CurrentUse Unimproved Single Family (5+ Lots), Other Usage, Unimproved Multi Family (5+Units)
AssociationYN No
MlsStatus Active
StreetNumber 266
ListingKey bae4783650bfaabd59054d748723efe3
MIAMIRE_AddressInternetDisplay 266 NW 32nd St
PoolPrivateYN No
ListingTerms All Cash, Conventional
Possession Funding
WaterfrontYN No
SubdivisionName WYND WOOD PARK
InternetAddressDisplayYN Yes
WaterSource Municipal Water
StreetNumberNumeric 266
MIAMIRE_MunicipalCode 30
PostalCodePlus4 3744
MIAMIRE_Area 30
ListingAgreement Exclusive Agency
RoadResponsibility Public Maintained Road
ListingId A12023030
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN Yes
InternetAutomatedValuationDisplayYN Yes
TaxYear 2025
PossibleUse Central Urban, Suburban, Urban Commercial
InternetConsumerCommentYN Yes
LotSizeUnits Square Feet
MIAMIRE_IncExpStatementPeriod 12
ListingContractDate 2026-05-20
Zoning 3900
RoadFrontageType County Road, City/County Maintained, Public Road
StateOrProvince FL
MIAMIRE_Jurisdiction City
FrontageLength 50
SignOnPropertyYN No
IDXParticipationYN Yes
LotSizeDimensions 50x142
HorseYN No
LeasableAreaUnits Square Feet
Sewer Other, Public Sanitation
SyndicationRemarks This 7,100-square-foot lot in Wynwood Norte presents a unique opportunity to develop multifamily housing or a single-family home in one of Miami’s fastest-growing emerging neighborhoods. While your permits are being approved, the property can generate approximately $52,800 in annual income, with tenants covering all utility expenses and the owner responsible for only about $13,000 per year in property taxes. Don’t miss this exceptional investment opportunity with immediate income potential and long-term development upside.
MIAMIRE_LPAmtSqFt 176.0563
MIAMIRE_FloodZone X
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Other Utilities Available, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Removal, Water Available
NewConstructionYN No
LotFeatures City Location, Urban Area Development, 1-2.5 Acres
MIAMIRE_OkToAdvertiseList Yes - Attribution Required (Agent and Office)
LotSizeSquareFeet 7100
UnparsedAddress 266 NW 32nd St, Miami FL 33127
MIAMIRE_Blogging Yes
FeedTypes IDX