255 NW 32nd Street, Miami, FL 33127 (MLS# A12041715)

255 NW 32nd Street, Miami, FL 33127

$1,945,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12041715

Property Type: Residential Income Square Footage: 2,588 Status: Active

Current Price: $1,945,000 List Date: 6/23/2026 Last Modified: 6/24/2026

Overview

Description

Rare opportunity in the heart of Wynwood Norte, one of Miami's fastest-growing urban neighborhoods. Situated on an approximately 10,000 SF double lot and zoned T4-R with the NRD-2 Overlay, the property offers significant redevelopment potential, with the possibility to develop up to 36 residential units. The property is currently consists of two existing structures, including a two-story duplex and a separate single-family residence, creating immediate income-producing opportunities while future development plans are pursued. Investors may choose to continue operating the existing improvements, renovate and reposition the property for increased rental income, occupy one of the residences while generating income from the remaining units, or assemble neighboring parcels to create a larger-scale development opportunity. Located just minutes from Wynwood, Midtown Miami, the Design District, and major transportation corridors including I-95 and I-195, the property benefits from strong deman ... (Read more)

Listing Details MLS# A12041715

General Property Information

Number Of Units Total: 3
Property Sub Type: Triplex
Building Area Main: 2588
Living Area Main: 2280
Adjusted Area Main: 1539
Year Built: 1938
Stories Total: 2
Pool Private YN: No
Parking Total: 0

Property Features

Documents Available: Other Available Information Flooring: Tile; Wood Property Condition: Resale Construction Materials: Concrete Block - No Stucco Cooling: Central Air; Electric; Wall/Window Unit(s) Heating: Central; Electric; Separate Meters; Window/Wall Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: Appointment Only Unit 1 Parking Features: Open Parking Unit 2 Parking Features: Open Parking Unit 3 Parking Features: Open Parking

Contract Information

Comp Sale YN: No
Original List Price: 1945000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 255
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: 3743
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: 0131250192940
Subdivision Number: 19
Zoning: 3900
Flood Zone: X

Financial Information

Tax Annual Amount: 15144
Tax Year: 2025
Tax Legal Description: WYNDWOOD PARK PB 5-23 LOTS 16 & 17 BLK 15 LOT SIZE 100.000 X 100

Status Change Information

Major Change Timestamp: 2026-06-23T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-23

More Information

Income and Expenses

Gross Income: 6835

Unit 1 Details

Actual Rent: 2495
Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 2195
Baths Full: Yes
Efficiency YN: No

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Actual Rent: 2145
Baths Full: 2
Efficiency YN: No

Unit 3 Lease Description

Lease Term: Month To Month

Price Calculations

Current Price To SqFt: 853.07

Section Details

Parcel Number MLX: 2940

Originating Details

Originating System Key: 515127640
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes
Wood: Yes

Property Condition

Resale: Yes

Documents Available

Other Available Information: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Electric: Yes
Separate Meters: Yes
Window/Wall: Yes

Construction Materials

Concrete Block - No Stucco: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Shingle: Yes

Cooling

Central Air: Yes
Electric: Yes
Wall/Window Unit(s): Yes

Showing Requirements

Appointment Only: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 3 Parking Features

Open Parking: Yes

Listing Office: BZG International, LLC

Last Updated: June - 24 - 2026

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