118 NW 24th Street, Miami, FL 33127 (MLS# A11977900)

118 NW 24th Street, Miami, FL 33127

$3,390,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11977900

Property Type: Residential Income Square Footage: 2,983 Status: Active

Current Price: $3,390,000 List Date: 3/06/2026 Last Modified: 7/17/2026

Overview

Description

Multifamily Investment (8/8 Studios in WYNWOOD - FOR SALE) •Zoning: T5-O/NRD-1 • Lot Size 7,500SF •Covered Land Play property; Owner would receive income while working on development plans • Great opportunity for owner user or developer with all tenant leases up-to-date • Current income: Approx. $12,400/Month • Property includes 8 street parking spaces (City Decal) • New roof installed in '16 • WiFi network for all tenants • Central washer and dryer • Minutes to Miami Design District, Midtown, Allapattah, Miami beach, Downtown Miami and more

Listing Details MLS# A11977900

General Property Information

Number Of Units Total: Yes
Property Sub Type: Quadruplex
Building Area Main: 2983
Living Area Main: 2983
Year Built: 1927
Parking Total: 8
Lot Size Dimensions: 7500
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Deposit Held; Financial Statement; Inventory; Rent Rolls Fencing: Fenced Flooring: Concrete Structure Type: Multi Family Construction Materials: Block Cooling: Wall/Window Unit(s) Heating: Separate Meters; None Laundry Features: Outside Listing Terms: Cash; Conventional Possession: Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: On Street

Contract Information

Comp Sale YN: No
Original List Price: 3950000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 118
Street Direction Prefix: NW
Street Name: 24th
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33127
Postal Code +4: 4458
Postal Zip: 33127
Subdivision Name: MARKS SUB
Area: 2310
Elementary School: Paul Laurence Dunbar K-8
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0131250370420
Subdivision Number: 37
Zoning: 6101
Flood Zone: X

Financial Information

Tax Annual Amount: 56717
Tax Year: 2025
Tax Legal Description: 25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4 COC 26485-4056 07 2008 4
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-16T16:09:08Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-16T16:09:08Z
Status Change Date: 2026-03-06

More Information

Meter Information

Separate Electric Meters YN: Yes

Income and Expenses

Gross Income: 148800
Net Operating Income: 92050
Total Expenses: 56717

Ceiling Fan Details

Number Of Ceiling Fans: 8

Unit 1 Details

Actual Rent: 1450
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 2983

Unit 1 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 1136.43

Section Details

Parcel Number MLX: 0420

Originating Details

Originating System Key: 438474245
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Concrete: Yes

Documents Available

Deposit Held: Yes
Financial Statement: Yes
Inventory: Yes
Rent Rolls: Yes

Fencing

Fenced: Yes

Structure Type

Multi Family: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Separate Meters: Yes
None: Yes

Construction Materials

Block: Yes

Laundry Features

Outside: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

Call Listing Agent: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

On Street: Yes

Listing Office: IRG

Last Updated: July - 17 - 2026

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