Description
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...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.
- Listed by Martina Smolakova • Fausto Commercial Realty Consultants IncP: (786)-748-7373 C: (305)-801-0759 martinasellsmiami@gmail.com
Property Details for 244 Northwest 32nd Street
Property Details for 244 Northwest 32nd Street
| Status | Active |
|---|---|
| MLS # | A12010516 |
| Days on Market | 26 |
| Taxes | $1,259,172 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family Income / Triplex |
| Year Built | 1937 |
| Lot Size | - |
| County | Miami-Dade County |
Location
Building Information for 244 Northwest 32nd Street
Payment Calculator
$110,786 per month
30 year fixed, 6.36% Interest
$5,855
$104,931
$0
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1Property Information for 244 Northwest 32nd Street
- Parcel Number Free Text: 01-31-25-019-3050
- Parcel Number MLX: 3050
- MLS Area: 31
- Municipal Code: 1
- Township Range: 31
- Section: 25
- Subdivision Number: 19
- Subdivision Complex Bldg: WYND WOOD PARK
- Unit Count: 3
- Zoning Information: 3900
- Num Parking Spaces: 8
- Property Type Information: Detached, Other
- Lot Description: Less Than 1/4 Acre Lot
- Pool: No
- Construction: Concrete Block Construction
- Construction Type: Concrete Block Construction
- Roof Description: Concrete Roof
- Flooring: Other Floors
- Floor Description: Other Floors
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12010516
- Heating Description: No Heat, Other
- Cooling Description: Central Cooling
- Sewer Description: Municipal Sewer
- Separate Meter: Yes
- Cable Available: Yes
- Guest Accommodations: No
- Rent Includes: Sewer
- Type of Association: None
- Flood Zone: X
- Tax Year: 2025
- Tax Information: Tax Reflects County Only Tax
- Information Available: None
Property History for 244 Northwest 32nd Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 30, 2026 | Listed (Active) MiamiRE #A12010516 | $1,175,000 | — |
| Apr 29, 2026 | Cancelled MiamiRE #A11991238 | — | |
| Mar 29, 2026 | Listed (Active) MiamiRE #A11991238 | $1,100,000 | — |
| Feb 10, 2014 | Sold MiamiRE #A1805334 | $174,600 | — |
| Feb 9, 2014 | Sold (Public Record) Public Record #409943024 | $174,600 | -0.4% / yr |
| Jan 21, 2014 | Pending MiamiRE #A1805334 | — | |
| Jun 24, 2013 | Listed (Active) MiamiRE #A1805334 | $279,900 | — |
| Apr 6, 2004 | Sold (Public Record) Public Record #132649103 | $181,000 | +0.4% / yr |
| Dec 24, 2002 | Sold (Public Record) Public Record #106476664 | $180,000 | +140.9% / yr |
| Mar 11, 2002 | Sold (Public Record) Public Record #85442134 | $90,000 | -18.9% / yr |
| Feb 26, 2000 | Sold (Public Record) Public Record #2668409 | $138,000 | — |
| Feb 26, 2000 | Sold (Public Record) Public Record #2668401 | $83,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/30/2026 | Listed (Active) MiamiRE #A12010516 | $1,175,000 |
| 04/29/2026 | Cancelled MiamiRE #A11991238 | — |
| 03/29/2026 | Listed (Active) MiamiRE #A11991238 | $1,100,000 |
| 02/10/2014 | Sold MiamiRE #A1805334 | $174,600 |
| 02/09/2014 | Sold (Public Record) Public Record #409943024 | $174,600 -0.4% / yr |
| 01/21/2014 | Pending MiamiRE #A1805334 | — |
| 06/24/2013 | Listed (Active) MiamiRE #A1805334 | $279,900 |
| 04/06/2004 | Sold (Public Record) Public Record #132649103 | $181,000 +0.4% / yr |
| 12/24/2002 | Sold (Public Record) Public Record #106476664 | $180,000 +140.9% / yr |
| 03/11/2002 | Sold (Public Record) Public Record #85442134 | $90,000 -18.9% / yr |
| 02/26/2000 | Sold (Public Record) Public Record #2668409 | $138,000 |
| 02/26/2000 | Sold (Public Record) Public Record #2668401 | $83,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 244 Northwest 32nd Street
Schools near 244 Northwest 32nd Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Eneida M. Hartner Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Jose De Diego Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Fausto Commercial Realty Consultants Inc
Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
