255 NW 32nd St Miami FL 33127 MLS #A11404919

255 NW 32nd St
Miami, FL, 33127
$2,490,000
Beds
0 Baths
2,280 SqFt
0 Acres
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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.

Property Details

Price:
$2,490,000
MLS #:
A11404919
Status:
Active
Beds:
0
Baths:
0
Address:
255 NW 32nd St
Type:
Commercial
Subtype:
Mixed Use
City:
Miami
Listed Date:
Jun 16, 2023
State:
FL
Finished Sq Ft:
2,280
Total Sq Ft:
2,280
ZIP:
33127
Year Built:
1938
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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