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Counties
OFF MARKET
2,983
SqFtStatus
OFF MARKETExpired
Size
2,983 SqFt (277 m2)
Price
$1,304/SqFt ($14,037/m2)
Type
Multifamily
Built
1927
HOA
N/A
MLS Number
A11827380
On Site
449 Days
Updated
384 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
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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