255 NW 32nd St, Miami, Florida 33127

255 NW 32nd St, Miami, Florida 33127
255 NW 32nd St, Miami, Florida 33127
255 NW 32nd St, Miami, Florida 33127
255 NW 32nd St, Miami, Florida 33127
255 NW 32nd St, Miami, Florida 33127

MLS#: A11718805

$1,850,000 USD

Listed By Dwntwn Realty Advisors LLC

The Commercial Property for Sale located at Miami, Florida 33127 is currently for sale. Miami, Florida 33127 is listed for $1,850,000. If the property located at Miami, Florida 33127 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Commercial Properties for Sale in Miami .

Date Updated : Apr 9, 2025

The details

Property features

Construction details

  • Year built: 1938

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

Location

Miami, Florida 33127
Map preview
Equal Housing Opportunity

All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.