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$3,890,000

  • For Sale
  • Active
  • Apartment
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Covered land play with a multifamily building in the heart of Wynwood. This is an exceptional covered land investment located in the urban core of Wynwood, one of Miami's most transformative neighborhoods. Situated on a 7,500 SF lot, the property houses a 2,620 SF multifamily structure configured into eight residential units, currently producing stable in-place income. With flexible T5-0 zoning, this site offers a unique opportunity to generate immediate cash flow while strategically land banking for future vertical development. As Wynwood continues to mature with new hospitality, residential, and commercial developments, 118 NW 24th Street is ideally positioned. Seller is motivated to sell. Willing to look at offers

Full Property Details for 118 NW 24th St

General

  • Price: $3,890,000
  • Taxes: $55,984
  • Status: Active
  • Type: Apartment
  • Source: Greater_Miami
  • MLS ID: A11910118
  • Updated: 1/19/2026
  • Added to Site: 167 day(s) ago

Business

  • Business Type: Residential-Multi-Family, Apartments

Location

  • County: Miami-Dade County
  • Building Name: 118 NW 24th St

Community

  • Units Assoc/Comm: 8

Structural Information

  • Detached/Attached: Detached
  • Building Size: 2620
  • Year Built: 1927

Unit Information

  • Units in Complex: 8

Lot Features

  • Lot Size (Sq. Ft.): 7,500
  • Zoning: 6101

Financial Considerations

  • Tax Amount: $55,984

Disclosures and Reports

  • Special Conditions: Sale
  • Legal Description: 25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4 COC 26485-4056 07 2008 4
  • Property ID: 01-31-25-037-0420

Listed by Gridline Properties

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— 118 NW 24th St —

  • Gridline Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 118 NW 24th St

School District:Dade County School District
NameGradesDistance
Paul Laurence Dunbar K-8 Center
505 Northwest 20th Street, Miami, FL 33127
PK-50.4 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-80.6 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 118 NW 24th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/07/2025
Listed
$3,890,000
2002.7%
MLS
8/31/2011
Sold
$185,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 118 NW 24th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$61,735
10%
$3,751,000
11%
2024
$55,984
14%
$3,376,000
29%
2023
$49,196
12%
$2,626,000
17%
2022
$43,913
3%
$2,251,000
—
2021
$42,613
12%
$2,251,000
45%
2019
$38,208
17%
$1,557,745
10%
2018
$32,758
4%
$1,416,132
-25%
2017
$31,389
7%
$1,876,000
60%
2016
$29,449
24%
$1,170,358
10%
2015
$23,657
197%
$1,063,962
266%
2014
$7,967
31%
$290,364
10%
2013
$6,077
—
$263,968
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Gridline Properties

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118 NW 24th St, Miami, FL 33127 (MLS# A11910118) is a Apartment property. 118 NW 24th St is currently listed for $3,890,000 and was received on November 07, 2025. Want to learn more about 118 NW 24th St? Do you have questions about finding other Apartment real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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