Covered land play with a multifamily building in the
heart of Wynwood.
This is an exceptional covered land investment located in the urban core of Wynwood, one of Miami’s most
transformative neighborhoods. Situated on a 7,500 SF lot, the property houses a 2,620 SF multifamily
structure configured into eight residential units, currently producing stable in-place income.
With flexible T5-0 zoning, this site offers a unique opportunity to generate immediate cash flow while
strategically land banking for future vertical development. As Wynwood continues to mature with
new hospitality, residential, and commercial developments, 118 NW 24th Street is ideally positioned.
Seller is motivated to sell. Willing to look at offers
heart of Wynwood.
This is an exceptional covered land investment located in the urban core of Wynwood, one of Miami’s most
transformative neighborhoods. Situated on a 7,500 SF lot, the property houses a 2,620 SF multifamily
structure configured into eight residential units, currently producing stable in-place income.
With flexible T5-0 zoning, this site offers a unique opportunity to generate immediate cash flow while
strategically land banking for future vertical development. As Wynwood continues to mature with
new hospitality, residential, and commercial developments, 118 NW 24th Street is ideally positioned.
Seller is motivated to sell. Willing to look at offers
Property Details
Price:
$3,890,000
MLS #:
A11910118
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Nov 7, 2025
Total Sq Ft:
2,620
Year Built:
1927
See this Listing
Schools
Interior
Exterior
Financial
Taxes
$55,984
Map
Community
- Address118 NW 24th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
Subdivisions in Miami
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 159 NE 6TH STREET CONDO
- 17TH AVE MANOR
- 1800 CLUB CONDO
- 7TH ADDN TO RICHMOND HEIG
- 801 SMA RESIDENCES CONDO
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- COMFORT GARDENS
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JADE WINDS GROUP BAMBOO GARDENS CONDO
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- MAJORCA ISLES III CONDO
- MILON VENTURE
- NORTH DADE COUNTRY CLUB VILLAG
- RALPH PLAZA II CONDO
- RANDALL PARK
- ROLLING GREEN CONDO
- ROYAL GLEN
- SIERRA
- SWEETWATER ESTATES SUB
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WEST MIAMI SHORES SEC B
- WESTCHESTER PT 01
Market Summary
Current real estate data for Commercial in Miami as of Mar 09, 2026
984
Commercial Listed
195
Avg DOM
$1,332,848
Avg List Price
Property Summary
- 118 NW 24th St Miami FL is a Commercial for sale in Miami, FL, 33127. It is listed for $3,890,000 To schedule a showing of MLS#a11910118 at 118 NW 24th St in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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