Multifamily in Miami, FL 33127
Wyndwood Park, 244 NW 32nd St

1,800
SqFt
Status
Active
Size
1,800 SqFt (167 m2)
Price
$653/SqFt ($7,026/m2)
Type
Multifamily
Built
1937
MLS Number
A12010516
On Site
131 Days
Updated
124 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None,Other
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Other
        • Year Built: 1937
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2026-04-30T11:27:58.000-00:00
          Taxes, Fees & More
          • Taxes: 1259172

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          04/30/2026
          Listed
          $1.2M
           
          $653 ft2
          $7,026 m2
          04/30/2026
          $1.2M
          Event
          Listed
          Price Per
          $653 ft2
          $7,026 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Martina SmolakovaFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Walker's Paradise. Daily errands do not require a car
          93

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          51

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          75

          100
          Sound Score®
          Very loud
          72

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          36

          100
          Local Score
          Limited local amenities nearby
          3

          100
          Community Snapshot
          2 – 5 BR
          Bedrooms
          $820K – $3.7M
          Price Tier
          259 - 4,264
          SqFt Range
          1935
          Year Build
          2
          Total Floors

          Miami
          High-End
          High-End Homes & Condos