Quadruplex in 118 NW 24th Street, Miami, FL 33127 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 Street, Miami, FL 33127

Price
Price:
$3,350,000.00
Original List Price:
$3,950,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,123.03
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Price Reduced
Last Major Update on:
August 6, 2026 8:07 pm
Measures
Living Area:
2,983 Sqft
Built-Up Area:
2,983 Sqft
Lot Size Dimensions and Info:
7500
Property Features
Waterfront:
No
Laundry:
Outside
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating System:
None, Separate Meters
Fence:
Fenced
Construction
Year Built:
1927
Roof:
Shingle
Number of Units Total:
1
Levels:
Two
Construction Materials:
Block
Flooring:
Concrete
Number of stories:
1
Structure Type:
Multi Family
Number of Units in the Community or Building:
1
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$56,717.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Subdivision Name:
MARKS SUB
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Inventory, Financial Statement, Deposit Held
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
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):
0131250370420
Zoning:
6101
Public Schools Assigned
Elementary School:
Paul Laurence Dunbar K-8
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
March 6, 2026
Listing Agreement executed on:
March 6, 2026
Price change occurred on:
August 6, 2026 8:07 pm
Listing Status Last Changed On:
March 6, 2026 5:00 am
Photos updated on:
August 6, 2026 7:29 pm
Last Modified:
August 6, 2026 7:34 pm
Additional Information
Courtesy of:
IRG
Attribution:
Not provided
Location
Street Name:
24th
Street Number:
118
City:
Miami
State:
Florida
Zip Code:
33127
County:
Miami-Dade
Latitude:
N25° 47' 58.6''
Longitude:
W81° 48' 9.4''
Street Suffix:
Street
Street Direction Prefix:
NW
Property Map

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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) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
Ver la Propiedad Ver la propiedad 118 NW 24th Street, Miami, FL 33127
Association of REALTORS®
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