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$1,850,000
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Property Description
The subject property consists of two separate structures sitting on a 10,000 SF lot; a duplex with 3 bedrooms and 1 bathroom each on both the top and bottom floors, as well as an ancillary unit with 3 bedrooms and 2 bathrooms. All units are around 900 SF each. The property is currently 100% occupied with rents at $1,995 per month and a total gross income of $71,820. Rents are on a month-to-month basis and are determined to be under-market. The property is best seen as a covered land play, offering an investor the opportunity to ultimately take advantage of the Wynwood Norte NRD-2 zoning overlay for low-intensity infill development. The site carries an increased density of 150 d/U per acre, allowing for approximately 33 units. Seller Financing is available at very favorable times
Full Property Details
Full Property Details for 255 NW 32nd St
General
- Price: $1,850,000
- Taxes: $14,687
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11718805
- Updated: 12/24/2025
- Added to Site: 376 day(s) ago
Business
- Business Type: Other Type, Apartments
Location
- County: Miami-Dade County
Structural Information
- Detached/Attached: Detached
- Building Size: 2280
- Year Built: 1938
Lot Features
- Lot Size (Sq. Ft.): 10,000
- Zoning: 3900
Financial Considerations
- Tax Amount: $14,687
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: WYNDWOOD PARK PB 5-23 LOTS 16 & 17 BLK 15 LOT SIZE 100.000 X 100
- Property ID: 01-31-25-019-2940
Listed by Dwntwn Realty Advisors LLC
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Schools
Schools serving 255 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 | 0.2 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 255 NW 32nd St
Date
Details
Price
Change
Source
10/27/2025
Sold
$1,680,000
-9.19%
Public Record
4/09/2025
Price Reduced
$1,850,000
-2.63%
MLS
2/18/2025
Price Reduced
$1,900,000
-2.56%
MLS
1/06/2025
Listed
$1,950,000
—
MLS
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 255 NW 32nd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,687
1%
$1,382,366
1%
2023
$14,491
75%
$1,374,093
165%
2021
$8,298
-12%
$519,014
-23%
2022
$9,399
13%
$674,485
25%
2021
$8,298
14%
$540,264
164%
2019
$7,253
-3%
$204,363
10%
2018
$7,511
24%
$185,785
-48%
2017
$6,047
7%
$358,940
134%
2016
$5,628
19%
$153,542
10%
2015
$4,736
18%
$139,584
10%
2014
$4,018
—
$126,895
—
2013
$4,014
—
$126,895
—
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 255 NW 32nd St
255 NW 32nd St, Miami, FL 33127 (MLS# A11718805) is a Apartment property. 255 NW 32nd St is currently listed for $1,850,000 and was received on January 06, 2025. Want to learn more about 255 NW 32nd St? Do you have questions about finding other Apartment real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

