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Residential Income
$1,945,000
255 NW 32nd St Miami, FL

A12041715

603 of 745 for Sale
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an agent
  • Listed On:

    Jun 23, 2026
  • Days on Market:

    64
  • Year:

    1938
  • Taxes:

    $15,144 per year
  • Floor Description:

    Tile, Wood
  • Occupancy:

  • Zoning:

  • Parking:

255 NW 32nd St Miami, FL Rare opportunity in the heart of Wynwood Norte, one of Miami`s fastest-growing urban neighborhoods. Situated on an approximately 10,000 SF double lot and zoned T4-R with the NRD-2 Overlay, the property offers significant redevelopment potential, with the possibility to develop up to 36 residential units. The property is currently consists of two existing structures, including a two-story duplex and a separate single-family residence, creating immediate income-producing opportunities while future development plans are pursued. Investors may choose to continue operating the existing improvements, renovate and reposition the property for increased rental income, occupy one of the residences while generating income from the remaining units, or assemble neighboring parcels to create a larger-scale development opportunity. Located just minutes from Wynwood, Midtown Miami, the Design District, and major transportation corridors including I-95 and I-195, the property benefits from strong demand drivers, walkability, and continued public and private investment throughout the area. Whether acquired as a long-term land bank, an income-producing covered land play, a value-add renovation project, or a future multifamily development site, 255 NW 32nd Street offers investors and developers multiple paths to create value in one of Miami`s most dynamic growth corridors.

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For Sale Details

  • Floor Description

    Tile, Wood

  • Heating Description

    Central, Electric, Window/Wall

  • Photo Count

    10

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    1938

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