420 NW 32nd St, Miami FL 33127 | Miami-Dade County | A11762904

$1,749,000

Description

An exceptional investment opportunity located in the heart of Miami’s rapidly evolving Wynwood district, renowned for its vibrant arts, culture, and entertainment scene. This 7,250 SF lot also features a 5/3 duplex, providing immediate rental income while you navigate the redevelopment process. This property is strategically situated near Downtown, FTS Arena and major highways, ensuring convenient access to surrounding areas. With redevelopment actively permitted, the potential for growth and value appreciation is substantial.
Whether you are an investor seeking premium real estate or developer aiming for capitalized the area’s transformation, seize this unparalleled opportunity in one of Miami’s most dynamic and fast-growing districts, where demand continues to surge!

Address

Open on Google Maps

Address: 32nd St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33127
Area: NORTHERN BLVD TRACK

Details

Updated on August 15, 2025 at 2:57 pm

Property ID A11762904
Price $1,749,000
Property Size 2174 Square Feet
Year Built 1971
Type Duplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 2174
BuildingAreaUnits Square Feet
BuildingName NORTHERN BLVD TRACK
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2025-03-15
Cooling Central Air
DaysOnMarket 118
DocumentsAvailable None
Flooring Tile
Heating Central
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-753-7148
ListAgentEmail mborroto@bellsouth.net
ListAgentFullName Maritza Borroto
ListAgentKey 70c9d05233ddfefb8f101c86ae799cf0
ListAgentMlsId 3222207
ListAgentOfficePhone 954-302-6368
ListAgentStateLicense 3222207
ListOfficeFax 954-241-6715
ListOfficeKey 4172aca3f35492b6c30b6fc187c02d2f
ListOfficeMlsId ECRB01
ListOfficeName East Coast Realty Brokerage LLC
ListOfficePhone 954-302-6368
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-03-15
ListingKey af5985af67d2679abda77dc8fbe1b6df
ListingTerms All Cash,Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Northern Blvd Track
MajorChangeTimestamp August 15, 2025 at 02:11pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp August 15, 2025 at 02:11pm
NumberOfUnitsInCommunity 2
OnMarketDate 2025-03-15
OriginalEntryTimestamp March 15, 2025 at 09:47pm
OriginalListPrice 1900000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-25-024-0890
ParkingTotal 6
PhotosChangeTimestamp March 15, 2025 at 09:49pm
PhotosCount 5
Possession Funding
PostalCodePlus4 3748
PreviousListPrice 1900000
PriceChangeTimestamp August 15, 2025 at 02:11pm
PublicSurveyRange 31
PublicSurveySection 25
PublicSurveyTownship 31
RentIncludes None
Roof Shingle
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions 24 Hour Notice,Appointment Only,Call Listing Agent
SourceSystemKey 408508448
StateOrProvince FL
StatusChangeTimestamp August 15, 2025 at 02:10pm
Stories 2
StoriesTotal 2
StreetDirPrefix NW
StreetName 32nd St
StreetNumber 420
StreetNumberNumeric 420
StructureType Duplex
SyndicationRemarks An exceptional investment opportunity located in the heart of Miami's rapidly evolving Wynwood district, renowned for its vibrant arts, culture, and entertainment scene. This 7,250 SF lot also features a 5/3 duplex, providing immediate rental income while you navigate the redevelopment process. This property is strategically situated near Downtown, FTS Arena and major highways, ensuring convenient access to surrounding areas. With redevelopment actively permitted, the potential for growth and value appreciation is substantial. Whether you are an investor seeking premium real estate or developer aiming for capitalized the area's transformation, seize this unparalleled opportunity in one of Miami's most dynamic and fast-growing districts, where demand continues to surge!
TaxAnnualAmount 16383
TaxLegalDescription NORTHERN BLVD TR PB 2-29 LOT 9 BLK 5 LOT SIZE 50.000 X 143
TaxYear 2024
YearBuiltDetails Resale
Zoning 3900