266 NW 32nd St, Miami FL 33127 | Miami-Dade County | A12023033
- $1,250,000
266 NW 32nd St, Miami FL 33127 | Miami-Dade County | A12023033
- $1,250,000
Description
This 7,100-square-foot lot in Wynwood Norte presents a unique opportunity to develop multifamily of 24 units maximum 3 floors 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.
Property Overview
266 NW 32nd St sits on a 7,100-square-foot lot in Wynwood Norte. Built in 1938, the single-family home offers 1,343 square feet of living space. The property is located within the WYND WOOD PARK subdivision. This site allows for the construction of a multifamily building with a maximum of 24 units across three floors, or it can support the construction of a new single-family home. While permits are being processed, the property generates approximately $52,800 in annual income. Tenants cover utility expenses, and the owner is responsible for roughly $13,000 per year in property taxes. The sale is listed for $1,250,000. Buyers interested in specific details about the permits or further financial figures should call 305-859-4733.
Frequently Asked Questions
What is the lot size of this property?
The lot covers 7,100 square feet.
How much annual income can be generated on this property?
The property can generate approximately $52,800 in annual income.
What are the property taxes for this lot?
The property taxes are approximately $13,000 per year.
What are the permitted development options for this lot?
The property allows for a maximum of 24 units across three floors or a single-family home.
What is the current use of the property?
The property is currently vacant land.
What are the utility expenses for the tenants?
Tenants cover all utility expenses.
Monthly Fees & Carrying Costs
- Membership Required: No
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Address
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Address: 32nd St
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33127
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Area: WYND WOOD PARK
Details
Updated on July 20, 2026 at 8:43 pm-
Property ID A12023033
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Price $1,250,000
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Property Size 1343 Sq Ft
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Bedrooms 2
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Room 0
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Bathroom 1
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Garage 1
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Year Built 1938
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Type Single Family Residence
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Property Status Active, Residential
Additional details
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Flooring Tile
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Bedroom Features Other
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Cooling Central Air
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Association Type None
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Building WYND WOOD PARK
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Area Wynd Wood Park
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Annual Tax 13000
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Association No
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Elementary School Hartner; Eneida
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 1
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Subdivision WYND WOOD PARK
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Restrictions Ok To Lease
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Parking None
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Heating Central
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Structure Type R30-No Pool/No Water, House
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Tax Year 2025
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Construction CBS Construction
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Building Area 1799
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Covered Spaces 1
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View None
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Year Built Details Effective Year Built
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Half Bathrooms 0
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Flood Zone X
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Patio / Porch Awning(s)
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New Construction No
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Garage Spaces 1
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Style R30-No Pool/No Water
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Lot Size (Sq Ft) 7100
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Membership Purchase Required No
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