Current MLS Property Details
244 NW 32nd Street, Miami, FL 33127
Miami, FL, 33127
About This Property
Wynwood Norte | Covered Land Play — 24-Unit By-Right Development with Income In PlaceA 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
Property Type
Triplex
Subdivision
WYND WOOD PARK
Development
WYND WOOD PARK
County
Miami-Dade
Waterfront
No
Private Pool
No
Original List Price
$1,175,000
MLS ID
A12010516
Updated
Aug 27, 2026
Listing Office: Fausto Commercial Realty Consultants Inc • 786-748-7373
Listing Agent: Martina Smolakova • 305-801-0759
MLS ID: A12010516
Property information is displayed from the site's BeachesMLS IDX data feed. Information is subject to change and should be independently verified.
Property Location
Where is this property?
244 NW 32nd Street, Miami, FL 33127 · Miami, FL, 33127
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