Triplex
255 NW 32nd St
255 NW 32nd St, Miami FL 33127 Get directions
$1,845,000
2,280 SqFt
See estimated monthly costThis listing is courtesy of BZG International, LLC. Uccio Zecchini
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 2,280
Building & exterior
- Year built
- 1938
Taxes
- Annual tax
- $15,144
- Tax year
- 2025
- Parcel number
- 01-31-25-019-2940
Listing
- MLS number
- A12041715
- Property type
- Triplex
- Price per SqFt
- $809
- Subdivision
- WYND WOOD PARK
- On market since
- Jun 23, 2026
- Days on market
- 94
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jun 23, 2026 | Listed | $1,945,000 | — |
| Sep 25, 2026 | Price change | $1,845,000 | −$100,000 (−5.1%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$11,975 per month
- Principal & interest (30 yr)
- $9,329
- Property tax
- $1,262
- Insurance (estimated)
- $1,384
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Young Men''s Preparatory Academy Senior High
- Jose De Diego Middle
- Eneida Massas Hartner Elementary
- Metropolitan International School of Miami
- Ebenezer Christian Academy
- Mater International Preparatory
- Mater Academy of International Studies
- Miami Arts Charter School
- Centner Academy - Preschool
- Cherry Blossom Learning Center II
- Paul Laurence Dunbar K-8 Center
- Santa Clara Elementary
- Creative Kidz Prepatory Academy LLC
- Step By Step Preparatory School LLC
- Design & Architecture Senior High
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