$1,850,000
255 NW 32nd St
Miami, FL, 33127
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Project Description
The subject property consists of two separate structures sitting on a 10,000 SF lot; a duplex with 3 bedrooms and 1 bathroom each on both the top and bottom floors, as well as an ancillary unit with 3 bedrooms and 2 bathrooms. All units are around 900 SF each. The property is currently 100% occupied with rents at $1,995 per month and a total gross income of $71,820. Rents are on a month-to-month basis and are determined to be under-market. The property is best seen as a covered land play, offering an investor the opportunity to ultimately take advantage of the Wynwood Norte NRD-2 zoning overlay for low-intensity infill development. The site carries an increased density of 150 d/U per acre, allowing for approximately 33 units. Seller Financing is available at very favorable times
Property Details
Price:
$1,850,000
MLS #:
A11718805
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Jan 6, 2025
Finished Sq Ft:
2,280
Total Sq Ft:
2,280
Year Built:
1938
Property Direction
- Address255 NW 32nd St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
Subdivisions in Miami
- 07TH AVE HIGHLANDS
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 17TH AVE MANOR
- 7TH ADDN TO RICHMOND HEIG
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- BELLE MEADE MIAMI SEC 01
- BENT TREE SEC 03
- BROOKSIDE ESTATES
- BUCKLEY TOWERS CONDO – EAST BLDG
- CORAL WAY VILLAGE SEC A PART 5
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- FLAMINGO PARK
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- LAKES OF THE MEADOW
- LINCOLN ESTATES
- MAJORCA ISLES III CONDO
- MARILYN CONDO
- NORTH DADE COUNTRY CLUB VILLAG
- QUADRO
- RANDALL PARK
- RIVERVIEW
- RIVERWOOD CONDO
- SIERRA
- SOVERIN CONDO
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VENETIAN ISLES CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WATERBURY
- WEST MIAMI SHORES SEC B
Schools
Interior
Exterior
Financial
Taxes
$14,687
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255 NW 32nd St
Miami, FL