Address
255 Nw 32nd St, Miami, FL
Price
$ 1,945,000
Property Attributes
- MLS#A12041715
- TypeSingle Family
- Listing Status Active
- CountyMiami-Dade
- CityMiami
- Area31
- NeighborhoodWYND WOOD PARK
- Zip33127
- Style
- Year Built1938
- Taxes$ 15144
- Price$ 1,945,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage2280
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
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.
| Price History | |
|---|---|
| 6/23/2026 | Listed $1,945,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Central,Electric,WallFurnace |
| Cooling | CentralAir,Electric,WallWindowUnits |
| Utilities | CableAvailable |
| Possession | CloseOfEscrow |
| Roof | Shingle |
| Pool Features | None |
| Construction Materials | Brick,Block |
| Year Built | 1938 |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Triplex |
| Tax Year | 2025 |
| County | Miami-Dade |
| Property Type | ResidentialIncome |
| Subdivision Name | WYND WOOD PARK |
| Rent Includes | Sewer,TrashCollection,Water |
| Full Baths | 1 |
| Status | Active |
| City | Miami |
| Disclosures | OwnerIsListingAgent |
| Zoning Description | 3900 |
| Number Of Units Total | 1 |
| MLS Area | 31 |
| Lot Size Units | SquareFeet |
| Listing Terms | Cash,Conventional |
| Year Built Details | Resale |
| Tax Annual Amount | 15144 |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12041715 |
| Standard Status | Active |
| Occupancy Type | CallAgent |
| Property Sub Type Additional | Triplex |
| PostalCity | Miami |
| Legal Description | WYNDWOOD PARK PB 5-23 LOTS 16 & 17 BLK 15 LOT SIZE 100.000 X 100 |
Interior Features
| Flooring | Hardwood,Tile,Wood |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 3 |
Exterior Features
| Lot Features | LessThanQuarterAcre |
|---|---|
| Building Area Total | 2588 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33127
Price
Taxes
Year Built
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Data Last Updated: September 12, 2026 8:09 PM UTC
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