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244 NW 32nd St

Miami, FL 33127
  • $1,175,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: A12010516
$1,175,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,800
    SQFT
  • $653
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1937
County:

School Ratings & Info

Description

Wynwood Norte | Covered Land Play — 24-Unit By-Right Development with Income In Place A 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, architects, and builders who know this market. Income in place. Simple zoning. No parking headaches. No variance risk. Just execute. DO NOT DISTURB TENANTS — Showings by appointment only.

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Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2026-07-09T23:50:59.28.
www.miltongarciaproperties.com/homes/175951350
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244 NW 32nd St Miami, FL 33127

  • Price: $1,175,000
  • Status: Active
  • On Site: 70 Days
  • MLS #: A12010516
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,800
SQFT
$653
$/SQFT
1937
Built
Neighborhood:
Wynd Wood Park
County:
Miami-Dade
Area:
Wynd Wood Park
Property Description
Wynwood Norte | Covered Land Play — 24-Unit By-Right Development with Income In Place A 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, architects, and builders who know this market. Income in place. Simple zoning. No parking headaches. No variance risk. Just execute. DO NOT DISTURB TENANTS — Showings by appointment only.
Exterior Features

Architectural Style DetachedOther Construction Materials Concrete Block Construction Lot Features Less Than 1/4 Acre Lot Parking Total 8 Pool Private YN No Roof Concrete View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 1620 Building Area Total 7100 Cooling Central Air Flooring Other Heating NoneOther Heating YN No Stories 2

Property Features

Association YN No Building Name WYND WOOD PARK Cooling YN Yes Documents Available None Horse YN No Listing Terms All Cash New Construction YN No Property Sub Type Triplex Public Survey Section 25 Rent Includes Sewer Sewer Public Sewer Structure Type Triplex Tax Annual Amount 1259172 Tax Year 2025 Type Of Association None Year Built Details Effective Year Built Zoning 3900

Listing courtesy of Fausto Commercial Realty Consultants Inc: .


Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2026-07-09T23:50:59.28.
 
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PMG Residential
398 NE 5th St
Miami FL, 33132