Triplex in 244 NW 32nd Street, Miami, FL 33127 for sale with MLS# A12010516
Wynwood Norte | Covered Land Play - 24-Unit By-Right Development with Income In PlaceA 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.
244 NW 32nd Street, Miami, FL 33127
- Price:
- $1,175,000.00
- Original List Price:
- $1,175,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Triplex
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 30, 2026 4:00 am
- Living Area:
- 1,800 Sqft
- Built-Up Area:
- 7,100 Sqft
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating System:
- Other, None, Separate Meters
- Year Built:
- 1937
- Roof:
- Concrete
- Number of Units Total:
- 3
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Other
- Number of stories:
- 2
- Number of Units in the Community or Building:
- 3
- Flood Zone Code:
- X
- Tax Annual Amount:
- $1,259,172.00
- Tax Year:
- 2025
- Property Tax Details:
- County Only
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- WYND WOOD PARK
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- WYNDWOOD PARK PB 5-23 LOT 4 BLK 16 LOT SIZE 50.000 X 142 OR 21236-0441 01 2003 4 COC 22183-0413 03 2004 1
- Real Estate Folio Number (Parcel Number):
- 0131250193050
- Zoning:
- 3900
- Elementary School:
- Pine Grove
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- April 30, 2026
- Listing Agreement executed on:
- April 30, 2026
- Listing Status Last Changed On:
- April 30, 2026 4:00 am
- Photos updated on:
- May 7, 2026 2:52 pm
- Last Modified:
- August 27, 2026 4:14 pm
- Courtesy of:
- Fausto Commercial Realty Consultants Inc
- Attribution:
- Not provided
- Street Name:
- 32nd
- Street Number:
- 244
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33127
- County:
- Miami-Dade
- Latitude:
- N25° 48' 22.7''
- Longitude:
- W81° 47' 58.7''
- Street Suffix:
- Street
- Street Direction Prefix:
- NW

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami