244 NW 32nd St Miami, FL 33127

Investment & Development Opportunity in Wynwood Norte Seize a unique opportunity in the highly sought-after Wynwood Norte with this prime investment property. Strategically positioned near Wynwood, Midtown, and the Design District, this site offers immediate cash flow with massive future development upside. Zoning & Development PotentialZoning: T4-R with the NRD-2 Zoning Overlay. Density: Boasting 150 units per acre, allowing for the construction of up to 24 units by right. Parking: Development can be completed without parking requirements. Versatility: Alternatively, the site can be transformed into an upscale townhome development, benefiting from easy access to I-95. Operational Highlights Low Overhead: Tenants pay all utilities and maintenance, ensuring a streamlined operation for the owner. Condition: The roof is in excellent shape-well-maintained with no leaks or issues. Location & Market Growth Nestled just south of the Design District and west of Midtown, Wynwood Norte is undergoing rapid growth following the expansion of Wynwood. With over 6,000 residential units and 2 million square feet of office space in the immediate vicinity, this property is your chance to be part of the next big wave in Miami's dynamic real estate market. Note: DO NOT DISTURB TENANTS.