244 NW 32nd Street, Miami, FL 33127

• 1,800 sqft

Property Description

Wynwood Norte | Covered Land Play — 24-Unit By-Right Development with Income In PlaceA 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.

Listing Status:

Active

Date Added:

April 30, 2026

Data Last Updated:

August 6, 2026 at 5:19AM

Listing Office:

Fausto Commercial Realty Consultants Inc : 786-748-7373

Listing Agent:

Martina Smolakova : 305-801-0759

MLS ID:

A12010516

Interior

• Flooring: Other
• A/C: Central Air
• Heating: NoneOtherSeparate Meters

Exterior

• Parking: Parking spaces: 8

Construction

• Roofing: Concrete
• General: Block2

Location

• Originating MLS: BEACH_MIAMI
• County: Miami-Dade

Lot

• Zoning: 3900WYNDWOOD PARK PB 5-23 LOT 4 BLK 16 LOT SIZE 50.000 X 142 OR 21236-0441 01 2003 4 COC 22183-0413 03 2004 10131250193050

Utilities

• Utilities: Cable Available
• Sewer: Public Sewer

Financial

• Source: BEACH_MIAMI