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.
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
Price:
$1,175,000
MLS #:
A12010516
Status:
Active
Beds:
0
Baths:
0
Address:
244 NW 32nd St
Type:
Multi Family
Subtype:
Triplex
Subdivision:
WYND WOOD PARK
Neighborhood:
wyndwoodpark
City:
Miami
Listed Date:
Apr 30, 2026
State:
FL
Finished Sq Ft:
1,800
Total Sq Ft:
7,100
ZIP:
33127
Year Built:
1937
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Central Air
Flooring
Other
Heating
None, Other
Exterior
Architectural Style
Detached, Other
Construction Materials
Concrete Block Construction
Parking Spots
8
Roof
Concrete
Financial
Tax Year
2025
Taxes
$1,259,172
Map
Community
- Address244 NW 32nd St Miami FL
- SubdivisionWYND WOOD PARK
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
Similar Listings Nearby
- 620 SW 13th Ave
Miami, FL$1,500,000
2.88 miles away
- 418 NW 47th St
Miami, FL$1,500,000
0.86 miles away
- 2900 NW 10th Ave
Miami, FL$1,500,000
0.72 miles away
- 800 NE 85th St
Miami, FL$1,500,000
3.50 miles away
- 2134 SW 11th St
Miami, FL$1,499,999
3.53 miles away
- 2278 SW 16th Ave
Miami, FL$1,498,000
4.11 miles away
244 NW 32nd St
Miami, FL
LIGHTBOX-IMAGES