$1,175,000

Triplex In Miami

  • 1,800 Sqft
  • Updated: May 7
  • 4
    Views for last 30 days
  • Source:
    MIAMI REALTORS MLS  MLS#A12010516

About the Property

Wynwood Norte | Covered Land Play — 24-Unit By-Right Development with Income In Place
A 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 yo
Wynwood Norte | Covered Land Play — 24-Unit By-Right Development with Income In Place
A 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.
  • Property type

    House

  • Floors

    2

  • Year built

    1937

  • Price/sqft

    $652

Features

  • Office
  • Parking

Explore the Area

244 NW 32nd St, Miami, Florida, United States View on Google Maps
Price per sqft
Low
High

View 3,561 more listings in Miami

Fausto Commercial Realty Consultants Inc - Miami

Joined 9 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Fausto Commercial Realty Consultants Inc - Miami
Florida, United States
View agency profile
27
Listings
2025
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Fausto Commercial Realty Consultants Inc - Miami
Miami, Florida, United States
View agency profile
Last updated
May 7
First listed
May 5
Listing reference
A12010516
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference A12010516, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with