255 NW 32nd Street
Miami, FL, 33127
$1,845,000
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.
Current real estate data for Multi Family in Miami as of Nov 09, 2026
535
Multi Family Listed
132
Avg DOM
473
Avg $ / SqFt
$1,154,767
Avg List Price
Listing Provided Courtesy of BZG International, LLC at 305-640-5106
Property Details
Price:
$1,845,000
MLS #:
A12041715
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Subdivision:
WYND WOOD PARK
Neighborhood:
2310
Listed Date:
Jun 22, 2026
Finished Sq Ft:
2,280
Total Sq Ft:
2,588
Year Built:
1938
Units:
3
Schools
Elementary School:
Eneida Massas Hartner
Middle School:
Jose De Diego
High School:
Booker T. Washington
Interior
Cooling
Central Air, Electric, Wall/Window Unit(s)
Flooring
Tile, Wood
Heating
Separate Meters, Central, Electric, Window/Wall
Exterior
Construction Materials
Concrete Block – No Stucco
Roof
Shingle
Financial
Tax Year
2025
Taxes
$15,144
Map
Contact Us
Mortgage Calculator
Community
- Address255 NW 32nd Street Miami FL
- SubdivisionWYND WOOD PARK
- CityMiami
- CountyMiami-Dade
- Zip Code33127
Property Summary
- Located in the WYND WOOD PARK subdivision, 255 NW 32nd Street Miami FL is a Multi Family for sale in Miami, FL, 33127. It is listed for $1,845,000 To schedule a showing of MLS#a12041715 at 255 NW 32nd Street in Miami, FL, contact your Trust House Realty agent at 9543362003.
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