Home/Search/244 NW 32nd St, Miami FL 33127
244 NW 32nd St, Miami FL 331271 / 9
For Sale
Triplex

$1,175,000

244 NW 32nd St, Miami FL 33127

3

Units

7,100

Building SF

3900

Zoning

About This Property

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.

Property Details

MLS #:A12010516
Price:$1,175,000
Status:For Sale
Days on Market:153
Date Listed:Apr 30, 2026
Living Area:1800 sqft
Building Area:7100 sqft
Price per Sqft:$653/sqft
Year Built:1937
Property Type:Residential Income
Property Sub Type:Triplex

Heating:None, Other
Cooling:Central Air
Flooring:Other
Stories:2
Virtual Tour:Available

Architectural Style:Detached, Other
Construction Materials:Concrete Block Construction
Structure Type:Triplex
Roof:Concrete
Lot Features:Less Than 1/4 Acre Lot
Sewer:Public Sewer

Total Parking:8

Area/Region:Wynd Wood Park
Zoning:3900

Price per Sqft:$653/sqft
Annual Tax Amount:$1,259,172
Tax Year:2025
Listing Terms:All Cash
Parcel Number:01-31-25-019-3050
Legal Description:WYNDWOOD PARK PB 5-23 LOT 4 BLK 16 LOT SIZE 50.000 X 142 OR 21236-0441 01 2003 4 COC 22183-0413 03 2004 1
REsource

REsource

Real Estate Source Company

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Location

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Listing courtesy of Fausto Commercial Realty Consultants Inc. Data last updated September 30, 2026 at 07:45 PM.