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$1,175,000
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Property Description
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.
Full Property Details
Full Property Details for 244 NW 32nd St
General
- Price: $1,175,000
- Taxes: $1,259,172 (2025)
- Status: Active
- Type: Triplex
- Source: Greater_Miami
- MLS ID: A12010516
- Updated: 5/7/2026
- Added to Site: 50 day(s) ago
Rental Information
- Rent Includes: Sewer
Interior
- Flooring: Other
Parking
- Total Spaces: 8
Location
- Area: Wynd Wood Park
- County: Miami-Dade County
- Subdivision: WYND WOOD PARK
- Building Name: WYND WOOD PARK
Community
- Community Name: Wynd Wood Park
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: None, Other
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached, Other
- Structure Type: Triplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Concrete
- Stories/Levels: 2
- Building Size: 7100
- Square Feet: 1,800
- Living Area: 1,800 Sq. Ft.
- Year Built: 1937
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $652.78
- Tax Amount: $1,259,172
- Tax Year: 2025
- Terms: All Cash
Disclosures and Reports
- Documents Avail.: None
- Legal Description: WYNDWOOD 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 1
- Property ID: 01-31-25-019-3050
Listed by Fausto Commercial Realty Consultants Inc
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Schools
Schools serving 244 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 | 0.2 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 0.3 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.4 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 244 NW 32nd St
Date
Details
Price
Change
Source
4/30/2026
Listed
$1,175,000
572.97%
MLS
2/09/2014
Sold
$174,600
—
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 244 NW 32nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,116
14%
$407,574
-59%
2024
$11,459
5%
$986,731
—
2023
$10,866
26%
$982,215
102%
2022
$8,642
15%
$486,662
29%
2021
$7,500
-3%
$377,362
-4%
2021
$7,748
15%
$394,417
71%
2019
$6,765
2%
$230,067
10%
2018
$6,608
16%
$209,152
-22%
2017
$5,719
7%
$268,877
56%
2016
$5,363
14%
$172,854
8%
2015
$4,684
45%
$159,401
72%
2014
$3,240
—
$92,598
—
2013
$3,238
—
$92,606
—
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 244 NW 32nd St
244 NW 32nd St, Miami, FL 33127 (MLS# A12010516) is a Triplex property with 0 bedrooms and 0 full bathrooms. 244 NW 32nd St is currently listed for $1,175,000 and was received on April 30, 2026. Want to learn more about 244 NW 32nd St? Do you have questions about finding other Triplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

