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244 NW 32nd St, Miami

#MLS: A12010516
$ 1 175 000
244 NW 32nd St, Miami — A12010516

Property details and amenities

Listing date04/30/2026
CityMiami, FL 33127
Address244 NW 32nd St
Area1620 sqft
Tax/year$ 1 259 172
Built year1937

Property description

Wynwood Norte Covered Land Play 24-Unit By-Right Development with Income In Place
A rare chance to enter one of Miamis 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 Floridas 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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