118 NW 24th St, Miami, FL 33127

3,925,000(-0.25% )
2,983SqFt

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Details

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Status:
Active
Size: 2,983 SqFt (277 m2)
Price: $1,312/SqFt ($14,127/m2)
Type: Multi Family
Built: 1927
HOA: N/A
MLS Number: A11827380
On Site: 51 Days
Updated: 16 Days ago
Page Views: 0
Covered land play with in-place multifamily income in the heart of wynwood gridline properties is proud to present 118 nw 24th street—an exceptional covered land investment located in the urban core of wynwood, one of miami’s most transformative neighborhoods. Situated on a 7,500 sf lot, the property is improved with a 2,620 sf multifamily structure configured into eight residential units, currently producing stable in-place income. with flexible t5-o zoning, this site offers a unique opportunity to generate immediate cash flow while strategically land banking for future vertical development.118 nw 24th street is ideally positioned for future repositioning or redevelopment up to five stories, with a mix of residential, retail, or short-term rental uses.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None
        • Cooling Description: Other
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1927
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-06-23T14:50:54.000-00:00
          Taxes, Fees & More
          • Taxes: 55984

          Price History

          07/15/2025

          Date

          Price Reduced

          Event

          $3.9M

          Price

          -0.25%

          Change Rate

          $1,312 ft2 / $14,127 m2

          Price Per

          06/30/2025

          Date

          Price Reduced

          Event

          $3.9M

          Price

          -0.63%

          Change Rate

          $1,316 ft2 / $14,163 m2

          Price Per

          06/23/2025

          Date

          Listed

          Event

          $4M

          Price

          $1,324 ft2 / $14,253 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Alfredo RiascosGridline Properties • Buyer Agency Compensation .

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