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.

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Days on the market

244 NW 32nd Street, Miami, FL 33127

Price
Price:
$1,175,000.00
Original List Price:
$1,175,000.00
Property Status and Type
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
Measures
Living Area:
1,800 Sqft
Built-Up Area:
7,100 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Heating System:
Other, None, Separate Meters
Construction
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
Taxes and Expenses
Tax Annual Amount:
$1,259,172.00
Tax Year:
2025
Property Tax Details:
County Only
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
WYND WOOD PARK
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Close Of Escrow
Zoning and Legal
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
Public Schools Assigned
Elementary School:
Pine Grove
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
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
Additional Information
Courtesy of:
Fausto Commercial Realty Consultants Inc
Attribution:
Not provided
Location
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
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) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 244 NW 32nd Street, Miami, FL 33127
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.