Quadruplex in 118 NW 24th St Miami for sale with MLS# A11977900

Multifamily Investment (8/8 Studios in WYNWOOD - FOR SALE) •Zoning: T5-O/NRD-1 • Lot Size 7,500SF •Covered Land Play property; Owner would receive income while working on development plans • Great opportunity for owner user or developer with all tenant leases up-to-date • Current income: Approx. $12,400/Month • Property includes 8 street parking spaces (City Decal) • New roof installed in '16 • WiFi network for all tenants • Central washer and dryer • Minutes to Miami Design District, Midtown, Allapattah, Miami beach, Downtown Miami and more

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Days on the market

118 NW 24th St, Miami, FL 33127

Price
Price:
$3,845,000.00
Previous Asking Price:
$3,850,000.00
Original List Price:
$3,950,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
MLS Number:
A11977900
Description of Last Important Update:
Price Change
Last Major Update on:
April 17, 2026 11:33 am
Measures
Living Area:
2,983 Sqft
Built-Up Area:
2,983 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Interior:
Skylights
Exterior:
Fence
Windows:
Skylight(s), Skylight(s)
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Construction
Year Built:
1927
Year Built Details:
Effective Year Built
Roof:
Shingle
Architectural Style:
Fourplex
Levels:
One
Construction Materials:
Block
Flooring:
Concrete
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$56,717.00
Tax Year:
2025
Property Tax Status:
Tax Reflects No Exemptions
Parking
Parking Total Spaces:
8
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Subdivision Name:
MARKS SUB
Community Features:
Laundry Facilities
Senior Community:
No
Terms
Documents Available:
Financials, Rent Rolls, Inventory
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Tenant
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4 COC 26485-4056 07 2008 4
Real Estate Folio Number (Parcel Number):
01-31-25-037-0420
Zoning Description:
6101
Listing History
Originally published on:
March 6, 2026 10:22 am
Active on the market since:
March 6, 2026
Price change occurred on:
April 17, 2026 11:33 am
Listing Status Last Changed On:
March 6, 2026 10:22 am
Photos updated on:
April 17, 2026 4:09 pm
Last Modified:
April 17, 2026 4:09 pm
Additional Information
Flood Zone:
X
Type of Association:
None
Style:
Fourplex
Num Ceiling Fans:
8
Municipal Code:
1
Subdivision Number:
37
Courtesy of:
Miami Residential Group
Attribution:
Not provided
Location
Street Name:
24th St
Street Number:
118
City:
Miami
State:
Florida
Zip Code:
33127
County:
Miami-Dade
Latitude:
N25° 47' 58.9''
Longitude:
W81° 48' 9.6''
Street Direction Prefix:
NW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $41,125
Median Home Value $398,800
Median Rent $1,394/mo
Median Age 36
Population 27,585

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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