255 NW 32nd St, Miami, FL 33127

About This Home

Rare opportunity in the heart of Wynwood Norte, one of Miami's fastest-growing urban neighborhoods. Situated on an approximately 10,000 SF double lot and zoned T4-R with the NRD-2 Overlay, the property offers significant redevelopment potential, with the possibility to develop up to 36 residential units. The property is currently consists of two existing structures, including a two-story duplex and a separate single-family residence, creating immediate income-producing opportunities while future development plans are pursued. Investors may choose to continue operating the existing improvements, renovate and reposition the property for increased rental income, occupy one of the residences while generating income from the remaining units, or assemble neighboring parcels to create a larger-scale development opportunity. Located just minutes from Wynwood, Midtown Miami, the Design District, and major transportation corridors including I-95 and I-195, the property benefits from strong demand drivers, walkability, and continued public and private investment throughout the area. Whether acquired as a long-term land bank, an income-producing covered land play, a value-add renovation project, or a future multifamily development site, 255 NW 32nd Street offers investors and developers multiple paths to create value in one of Miami's most dynamic growth corridors.

Property Details

Flooring

Tile, Wood

Heating

Central, Electric, Window/Wall

Cooling

Central Air, Electric, Wall/Window Unit(s)

Architectural Style

Detached

Building & Association

Building Name

WYND WOOD PARK

Stories

2

Stories Total

2

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block With Brick

Roof

Shingle

New Construction

No

Public Records

Parcel Number

01-31-25-019-2940

Tax Annual Amount

$15,144

Tax Year

2,025

Zoning

3900

County Or Parish

Miami-Dade County

Location