255 NW 32nd Street For Sale
Property Details
| Asking Price | $1,845,000 |
|---|---|
| Price per SqFt | $809 |
| Property Taxes | $15,144 2025 |
| Interior Space | 2,280 SqFt |
| Beds/Baths | —/— |
| Year Built | 1938 |
| Pool | No |
| MLS # | A12041715 |
Location
From the listing
Rare opportunity in the heart of Wynwood Norte, one of Miami's fastest-growing urban neighborhoods. Situated on an approximately 10,000 SF double lot and zoned T4-R with the NRD-2 Overlay, the property offers significant redevelopment potential, with the possibility to develop up to 36 residential units. The property is currently consists of two existing structures, including a two-story duplex and a separate single-family residence, creating immediate income-producing opportunities while future development plans are pursued. Investors may choose to continue operating the existing improvements, renovate and reposition the property for increased rental income, occupy one of the residences while generating income from the remaining units, or assemble neighboring parcels to create a larger-scale development opportunity. Located just minutes from Wynwood, Midtown Miami, the Design District, and major transportation corridors including I-95 and I-195, the property benefits from strong demand drivers, walkability, and continued public and private investment throughout the area. Whether acquired as a long-term land bank, an income-producing covered land play, a value-add renovation project, or a future multifamily development site, 255 NW 32nd Street offers investors and developers multiple paths to create value in one of Miami's most dynamic growth corridors.
Listed by BZG International, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $15,144 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 255 NW 32nd Street, Miami, FL 33127
Sales history is unavailable for this property
Listed by BZG International, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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255 NW 32nd Street, Miami · MLS A12041715 · $1,845,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.