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$3,475,000
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Property Description
Multifamily Investment (8/8 Studios in WYNWOOD - FOR SALE) "¢Zoning: T5-O/NRD-1 "¢ Lot Size 7,500SF "¢Covered Land Play property; Owner would receive income while working on development plans "¢ Great opportunity for owner user or developer with all tenant leases up-to-date "¢ Current income: Approx. $12,400/Month "¢ Property includes 8 street parking spaces (City Decal) "¢ New roof installed in '16 "¢ WiFi network for all tenants "¢ Central washer and dryer "¢ Minutes to Miami Design District, Midtown, Allapattah, Miami beach, Downtown Miami and more
Full Property Details
Full Property Details for 118 NW 24th St
General
- Price: $3,475,000
- Taxes: $56,717 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11977900
- Updated: 5/16/2026
- Added to Site: 79 day(s) ago
Rental Information
- Rent Includes: None
Interior
- Flooring: Concrete
Parking
- Total Spaces: 8
Location
- Area: Marks Sub
- County: Miami-Dade County
- Subdivision: MARKS SUB
- Building Name: MARKS SUB
Community
- Community Name: Marks Sub
- Units Assoc/Comm: 1
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Windows: Skylight(s)
- Stories/Levels: 1
- Building Size: 2983
- Square Feet: 2,983
- Living Area: 2,983 Sq. Ft.
- Year Built: 1927
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 1
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 6101
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $1,164.93
- Operating Expenses: $56,717
- Tax Amount: $56,717
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Deposit Held, Financial Statement, Inventory, Rent Rolls
- 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 Miami Residential Group
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Schools
Schools serving 118 NW 24th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Paul Laurence Dunbar K-8 Center 505 Northwest 20th Street, Miami, FL 33127 | PK-5 | 0.4 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 0.6 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1 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
Date
Details
Price
Change
Source
5/16/2026
Price Reduced
$3,475,000
-0.71%
MLS
4/20/2026
Price Reduced
$3,500,000
-8.97%
MLS
4/17/2026
Price Reduced
$3,845,000
-0.13%
MLS
4/15/2026
Price Reduced
$3,850,000
-1.16%
MLS
3/30/2026
Price Reduced
$3,895,000
-0.76%
MLS
3/25/2026
Price Reduced
$3,925,000
-0.63%
MLS
3/06/2026
Listed
$3,950,000
2035.14%
MLS
8/31/2011
Sold
$185,000
—
Public Record
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
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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 NW 24th St
118 NW 24th St, Miami, FL 33127 (MLS# A11977900) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 118 NW 24th St is currently listed for $3,475,000 and was received on March 06, 2026. Want to learn more about 118 NW 24th St? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

