244 NW 32nd Street, Miami, FL 33127 (MLS# A12010516)

244 NW 32nd Street, Miami, FL 33127

$1,175,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12010516

Property Type: Residential Income Square Footage: 7,100 Status: Active

Current Price: $1,175,000 List Date: 4/30/2026 Last Modified: 7/10/2026

Overview

Description

Wynwood Norte | Covered Land Play — 24-Unit By-Right Development with Income In PlaceA rare chance to enter one of Miami's hottest corridors with cash flow from day one and a clear path to 24 units — no variances, no parking, just execute.The existing ±2,000 SF triplex generates $4,000/month ($34,200 NOI), with tenants covering utilities and maintenance — keeping carry costs low while you permit and design.Zoned T4-R within the NRD-2 overlay, the site allows up to 150 units/acre by right, with zero parking requirements and zero variances needed — multifamily or fee-simple townhomes, your call.Just west of Midtown Miami and the Design District, Wynwood Norte sits in one of South Florida's most active development pipelines — 6,000+ units and 2M+ SF of office planned nearby. Easy access to I-95, Wynwood, Edgewater, Downtown, and Miami Beach.Our team has closed 5 sites in Wynwood Norte and can support you on design, underwriting, entitlements, and introductions to lenders, archi ... (Read more)

Listing Details MLS# A12010516

General Property Information

Number Of Units Total: 3
Property Sub Type: Triplex
Building Area Main: 7100
Living Area Main: 1800
Adjusted Area Main: 1620
Year Built: 1937
Parking Total: 8
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: None Flooring: Other Construction Materials: Block Cooling: Central Air Heating: Separate Meters; None; Other Listing Terms: Cash Possession: Close Of Escrow Roof: Concrete Sewer: Public Sewer Tax Information: County Only Utilities: Cable Available Showing Requirements: Call Listing Agent Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Other Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Other Unit 3 Parking Features: Other

Contract Information

Comp Sale YN: No
Original List Price: 1175000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 244
Street Direction Prefix: NW
Street Name: 32nd
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33127
Postal Code +4: 3750
Postal Zip: 33127
Subdivision Name: WYND WOOD PARK
Area: 2310
Elementary School: Eneida Massas Hartner
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0131250193050
Subdivision Number: 19
Zoning: 3900
Flood Zone: X

Financial Information

Tax Annual Amount: 1259172
Tax Year: 2025
Tax Legal Description: WYNDWOOD PARK PB 5-23 LOT 4 BLK 16 LOT SIZE 50.000 X 142 OR 21236-0441 01 2003 4 COC 22183-0413 03 2004 1

Status Change Information

Major Change Timestamp: 2026-04-30T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-04-30

More Information

Income and Expenses

Gross Income: 3900

Unit 1 Details

Actual Rent: 1850
Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 1250
Baths Full: Yes
Efficiency YN: No

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Actual Rent: 800
Baths Full: Yes
Efficiency YN: No

Unit 3 Lease Description

Lease Term: Month To Month

Section Details

Parcel Number MLX: 3050

Originating Details

Originating System Key: 460574059
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Other: Yes

Documents Available

None: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Separate Meters: Yes
None: Yes
Other: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes

Roof

Concrete: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes

Tax Information

County Only: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Other: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Other: Yes

Unit 3 Parking Features

Other: Yes

Listing Office: Fausto Commercial Realty Consultants Inc

Last Updated: July - 10 - 2026

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