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About This Property
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 Features
County
Miami-Dade County
Section
25
Area
2588
Subdivision
WYND WOOD PARK
Interior
Cooling
Central Air, Electric, Wall/Window Unit(s)
Bedrooms
Floors
Tile, Wood
Full Baths
Appliances
Heating
Central, Electric, Window/Wall
Style
Detached
Garage Spaces
Construction/Exterior
Concrete Block With Brick
Patio / Deck Description
Exterior
Has a Pool
Possession
Lot Size in Acres
Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Shingle
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
Property SubType 2
Triplex
Tax Year
2025
Year Built
1938
Tax Amount
$15144
APN
NA
Square Feet Source
NA
Map
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