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.
For sale
$1,175,000
244 NW 32nd St, Miami, FL 33127
7beds
3baths
1,800sqft
Triplex
Built in 1937
-- sqft lot
$-- Zestimate®
$653/sqft
$-- HOA
What's special
- 121 days
- 97
- 3
Zillow last checked:
Listing updated:
Listed by:
Martina Smolakova 305-801-0759,
Fausto Commercial Realty Consultants Inc
Source: MIAMI,MLS#: A12010516
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Heating
- None, Other
Cooling
- Central Air
Features
- Flooring: Other
Interior area
- Total structure area: 7,100
- Total interior livable area: 1,800 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0131250193050
- Zoning: 3900
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Concrete Block Construction
- Roof: Concrete
Condition
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Wynd Wood Park
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $653/sqft
- Annual tax amount: $1,259,172
- Date on market: 4/30/2026
- Listing terms: All Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Listed for sale | $1,175,000+6.8%$653/sqft |
Source: | ||
| 4/29/2026 | Listing removed | $1,100,000$611/sqft |
Source: | ||
| 3/29/2026 | Listed for sale | $1,100,000$611/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







