Skip To Content

255 NW 32nd St

Miami, FL 33127
  • $2,800,000
  • STATUS: Active
  • ON SITE: 258 Days
  • MLS #: A11404919
UPDATED: 47 min ago
$2,800,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1938
County:

School Ratings & Info

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 $1,795 per month and a total gross income of $65,000. 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.

Monthly Payment Calculator



Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-03-01T12:52:44.4.
www.homesunlimited.solutions/homes/140655093
Print Image

255 NW 32nd St Miami, FL 33127

  • Price: $2,800,000
  • Status: Active
  • On Site: 258 Days
  • Updated: 47 min ago
  • MLS #: A11404919
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1938
Built
County:
Miami-Dade
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 $1,795 per month and a total gross income of $65,000. 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.
Exterior Features

Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 2280

Property Features

Association YN No Business Type Residential-Multi-Family Horse YN No New Construction YN No Property Sub Type Mixed Use Public Survey Section 25 Special Listing Conditions Sale Tax Annual Amount 9399 Zoning 3900

Listing courtesy of Dwntwn Realty Advisors LLC: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-03-01T12:52:44.4.
 
https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11404919-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11404919-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11404919-2.jpg
Logo
Homes Unlimited Real Estate Corp
8803 Futures Dr Suite #10A
Orlando FL, 32819