OFF MARKET
Beds
2,983
SqFt$1,304
$/SqFtMultifamilyProperty Type
1927Year Built
$1,304/SqFtPrice per sq ft
FourplexStyle
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.
Listing Courtesy Of: Gridline Properties
Local Realty Services Provided By: Best of Luxury Realty
On Site: 507 DaysUpdated: 442 Days agoPage Views: 0
Features
MLS Number: A11827380
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
Apples-to-Apples Comparables
Price History
Current
$3.9M
High
$4M
Low
$3.9M
Total Change
-1.5%Date
Event
Price
Change
Price Per
08/27/2025
Price Reduced
$3.9M
-0.64%$1,304 ft2
$14,037 m2
07/15/2025
Price Reduced
$3.9M
-0.25%$1,312 ft2
$14,127 m2
06/30/2025
Price Reduced
$3.9M
-0.63%$1,316 ft2
$14,163 m2
06/23/2025
Listed
$4M
$1,324 ft2
$14,253 m2
08/27/2025
$3.9M
Event
Price Reduced
Change
-0.64%Price Per
$1,304 ft2
$14,037 m2
07/15/2025
$3.9M
Event
Price Reduced
Change
-0.25%Price Per
$1,312 ft2
$14,127 m2
06/30/2025
$3.9M
Event
Price Reduced
Change
-0.63%Price Per
$1,316 ft2
$14,163 m2
06/23/2025
$4M
Event
Listed
Price Per
$1,324 ft2
$14,253 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alfredo Riascos • Gridline Properties • Buyer Agency Compensation .
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- The Monarch Grove Condo1
- The Mutiny Condo5
- The Oaks Townhouse0
- The Plaza On Brickell East Condo18
- Thomas Grove Condo2
- Three Tequesta Point Condo12
- Tigers Ten Mixed1
- Tigertail Bay Condo2
- Tigertail Place Condo0
- Two Tequesta Point Condo7
- Victory Homesites Mixed1
- Villa Brickell Condo2
- Virginia Pointe Condo0
- Washington Place House4
- Waterbury House0
- Wyndwood Park Mixed25
- YotelPad Miami Condo24
Ultra Luxury
Ultra Luxury89
- 1600 South Bayshore Ln Condo0
- 250 Wynwood Condo2
- Aqua Marine Mixed3
- Asia Condo11
- Aston Martin Residences Condo6
- Banks House0
- Bay Crest House5
- Bay Heights House3
- Bay Homes House1
- Bay Point House6
- Bayshore Villas House0
- Beacon Harbour Condo0
- Belle Meade Island House2
- Biscayne Island House5
- Biscayne Island Estates House0
- Biscayne Park Terrace House0
- Bonita Park House0
- Brickell Flatiron Condo32
- Broadmoor Plaza Land3
- Camner Gables House0
- Club Residences At Park Grove Condo4
- Coco Grove House1
- Coconut Grove Manor House1
- Coconut Grove Park House3
- Crystal Bluff House1
- De Hedouvilles House0
- Douglas Circle House3
- East Utopia House0
- Echo Brickell Condo31
- Eleda House0
- Elysee Condo8
- Enchanted Grove Townhouse0
- Entrada House0
- Espanola Heights House3
- Ewanton Heights House0
- Fairhaven House2
- Four Seasons Residences Condo11
- Four Way Lodge Estates House1
- Gemini 7 Townhouse1
- Gifford Lane Townhomes Townhouse1
- Grove At Grand Bay Condo1
- Grovenor House Condo4
- Hardies Multifamily0
- Hazel Park House2
- Hills Trail Grove House1
- J W Ewans House1
- Jade Residences At Brickell Bay Condo20
- King Park House2
- Leeward Cove Land0
- Lennox Park House1
- Lookout Bay Condo1
- Milledge Heights House0
- Missoni Baia Condo23
- Mr C Tigertail Residences Condo1
- Muze At Met Condo0
- Natoma Manors House1
- Natoma Park House3
- Ocean View House0
- Ocean View Heights House1
- One Park Grove Condo1
- One Thousand Museum Condo14
- One Thousand Venetian Way Mixed4
- Parc Lofts Condo4
- Park Manor House0
- Pent Homestead Townhouse2
- Pinecrest Manor House0
- Pomona House1
- Residences At Vizcaya Condo2
- Rhodes House1
- Rockerman Heights House1
- San Marco House6
- Santa Maria Condo2
- Silver Bluff House2
- Silver Bluff Business Center House0
- Sunshine Fruits House3
- Sunshine Villas House1
- Sunshine Vistas House6
- The Elser Hotel & Residences Condo63
- The Fairchild Condo4
- The Moorings House4
- The Ritz-Carlton Executive Residences Condo0
- The Ritz-Carlton Tower Residences Condo4
- Town Hall House0
- Treasure Trove House0
- Two Park Grove Condo2
- Una Residences Condo21
- Utopia House3
- Yacht Harbour Condo2
- Ye Little Wood House0
Miami, FL Nearby Cities
$130K - $2M
$2K - $3K
$220K - $850K
$0 - $0
$825K - $4.7M
$2K - $8K
$2K - $3.8M
$2K - $25K
$2K - $110M
$2K - $495K