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$1,300,000
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Property Description
Investor and developer opportunity in the heart of Wynwood Norte. This multifamily duplex sits on a 7,200 sq ft lot zoned 3900 Multi-Family (T4-R), allowing up to 38-62 units per acre and offering strong redevelopment potential for up to approximately 15 units across four stories (subject to buyer verification). Currently configured as two 2-bedroom, 1-bath units, the property provides immediate rental income with long-term upside. Located just steps from Midtown Miami, the Design District, Wynwood Walls, and minutes from Downtown, Brickell, and major highways, this site is ideal for short-term rentals, future multifamily development, or boutique residential projects. All information must be independently verified by the buyer as part of their due diligence.
Full Property Details
Full Property Details for 120 NW 32nd St
General
- Price: $1,300,000
- Taxes: $15,305 (2024)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11797016
- Updated: 11/17/2025
- Added to Site: 259 day(s) ago
Rental Information
- Rent Includes: None
Interior
- Flooring: Tile
Parking
- Total Spaces: 5
Location
- Area: Prices Addn To St James P
- County: Miami-Dade County
- Subdivision: PRICES ADDN TO ST JAMES P
- Building Name: PRICES ADDN TO ST JAMES P
Community
- Community Name: Prices Addn To St James P
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Old Spanish, Other
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1718
- Square Feet: 1,654
- Living Area: 1,654 Sq. Ft.
- Year Built: 1957
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $785.97
- Tax Amount: $15,305
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Documents Avail.: Appraisal
- Legal Description: PRICES ADD TO ST JAMES PARK PB 4-47 LOT 3 BLK B LOT SIZE 50.000 X 144 OR 19340-3014 10 2000 1
- Property ID: 01-31-25-027-0290
Listed by Julies Realty, LLC
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Schools
Schools serving 120 NW 32nd St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Eneida M. Hartner Elementary School 401 Northwest 29th Street, Miami, FL 33127 | PK-5 | 0.4 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 0.4 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 NW 32nd St
Date
Details
Price
Change
Source
11/17/2025
Price Reduced
$1,300,000
-3.7%
MLS
5/05/2025
Listed
$1,350,000
1976.92%
MLS
10/27/2000
Sold
$65,000
—
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 120 NW 32nd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,305
11%
$1,188,806
18%
2023
$13,799
206%
$1,008,823
337%
2021
$4,505
-54%
$230,884
-54%
2022
$9,742
116%
$498,507
110%
2021
$4,505
24%
$237,845
48%
2019
$3,619
—
$160,310
8%
2018
$3,631
20%
$148,801
-13%
2017
$3,038
11%
$171,814
34%
2016
$2,737
9%
$128,504
7%
2015
$2,511
45%
$120,173
44%
2014
$1,727
7%
$83,267
6%
2013
$1,609
—
$78,691
—
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 120 NW 32nd St
120 NW 32nd St, Miami, FL 33127 (MLS# A11797016) is a Duplex property with 0 bedrooms and 0 full bathrooms. 120 NW 32nd St is currently listed for $1,300,000 and was received on May 05, 2025. Want to learn more about 120 NW 32nd St? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

