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$1,250,000
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Property Description
Build 24 units in 20,000 SF allowed by the city. This 7,100-square-foot lot in Wynwood Norte presents a unique opportunity to develop multifamily housing or a single-family home in one of Miami's fastest-growing emerging neighborhoods. While your permits are being approved, the property can generate approximately $52,800 in annual income, with tenants covering all utility expenses and the owner responsible for only about $13,000 per year in property taxes. Don't miss this exceptional investment opportunity with immediate income potential and long-term development upside.
Full Property Details
Full Property Details for 266 NW 32nd St
General
- Price: $1,250,000
- Taxes: $13,000 (2025)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A12047281
- Updated: 7/2/2026
- Added to Site: 43 day(s) ago
Location
- Area: Wynd Wood Park
- County: Miami-Dade County
- Subdivision: WYND WOOD PARK
- Building Name: WYND WOOD PARK
Community
- Community Name: Wynd Wood Park
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Removal, Wa
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Other Usage, Income (Other)
Lot Features
- Lot Size (Acres): 0.1629
- Lot Size (Sq. Ft.): 7,100
- Lot Dimensions: 50 x 142
- Frontage Feet: 50
- Lot Features: City Location, Near School, Other Location, 1-2.5 Acres
- Potential Use: Central Urban, None
- Zoning: 3900
Financial Considerations
- Tax Amount: $13,000
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 25 53 41 WYNDWOOD PARK PB 5-23 LOT 6 BLK 16 LOT SIZE 50.000 X 142 COC 25069-2643 10 2006 1
- Property ID: 01-31-25-019-3070
Listed by Miami Residential Group
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Schools
Schools serving 266 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 | 1.4 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 266 NW 32nd St
Date
Details
Price
Change
Source
5/28/2026
Listed
$1,250,000
163.16%
MLS
4/29/2021
Sold
$475,000
—
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 266 NW 32nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,879
5%
$552,193
-40%
2024
$13,221
3%
$923,687
—
2023
$12,894
81%
$924,044
147%
2021
$7,109
-20%
$374,199
-10%
2022
$8,933
26%
$414,872
16%
2021
$7,109
44%
$357,858
46%
2019
$4,934
-30%
$245,116
-23%
2018
$7,082
122%
$319,954
40%
2017
$3,191
14%
$228,361
194%
2016
$2,809
21%
$77,754
10%
2015
$2,325
25%
$70,686
10%
2014
$1,854
8%
$64,260
10%
2013
$1,711
—
$58,419
—
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 266 NW 32nd St
266 NW 32nd St, Miami, FL 33127 (MLS# A12047281) is a Commercial Land property with a lot size of 0.1629 acres. 266 NW 32nd St is currently listed for $1,250,000 and was received on May 28, 2026. Want to learn more about 266 NW 32nd St? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

