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255 NW 32nd St, Miami, 33127

  • $1,850,000

Buy

Miami

Quick Details

MLS #: A11718805
  • 10000
  • Lot sqft
  • 1938
  • Year Built

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

  • Address 255 NW 32nd St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33127
  • Area Miami-dade County

Details

  • MLS #: A11718805
  • Price: $1,850,000
  • Land Area: 10000 sqft
  • Year Built: 1938
  • Property Status: Buy
Listed by Rayza Perez · Dwntwn Realty Advisors LLC - Updated on April 10, 2025 at 8:05 am

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