120 NW 32nd St Miami, FL 33127
Wynwood NeighborhoodEstimated payment $8,731/month
Highlights
- Old Spanish Architecture
- Tile Flooring
- 1-Story Property
- No HOA
- Central Heating and Cooling System
- 3-minute walk to Roberto Clemente Park
About This Home
Investor and developer opportunity in the heart of Wynwood Norte. This multifamily duplex sits on a 7,200 sq ft lot zoned 3900 Multi-Family (T4-R), allowing up to 38–62 units per acre and offering strong redevelopment potential for up to approximately 15 units across four stories (subject to buyer verification). Currently configured as two 2-bedroom, 1-bath units, the property provides immediate rental income with long-term upside. Located just steps from Midtown Miami, the Design District, Wynwood Walls, and minutes from Downtown, Brickell, and major highways, this site is ideal for short-term rentals, future multifamily development, or boutique residential projects. All information must be independently verified by the buyer as part of their due diligence.
Listing Agent
Julies Realty, LLC Brokerage Phone: 786-449-0023 License #3392187 Listed on: 05/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,305
Year Built
- Built in 1957
Parking
- 5 Parking Spaces
Home Design
- Duplex
- Old Spanish Architecture
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,654 Sq Ft Home
- 1-Story Property
- Tile Flooring
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
- Prices Addn To St James P Condos
- Prices Addn To St James P Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-25-027-0290
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,305 | $1,188,789 | $1,080,000 | $108,789 |
| 2024 | $13,799 | $498,606 | -- | -- |
| 2023 | $13,799 | $453,279 | $0 | $0 |
| 2022 | $9,742 | $406,199 | $0 | $0 |
| 2021 | $4,505 | $186,653 | $0 | $0 |
| 2020 | $4,021 | $237,845 | $0 | $0 |
| 2019 | $3,619 | $205,817 | $0 | $0 |
| 2018 | $3,631 | $242,865 | $0 | $0 |
| 2017 | $3,038 | $138,201 | $0 | $0 |
| 2016 | $2,737 | $128,504 | $0 | $0 |
| 2015 | $2,511 | $120,173 | $0 | $0 |
| 2014 | $1,727 | $83,267 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | For Sale | $1,350,000 | -- | $816 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $65,000 | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11797016
APN: 01-3125-027-0290
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