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243 NW 32nd St, Miami FL 33127

Multi-family For Sale
$1,295,000

BTC: 20.34244423

ETH: 735.79545455

1 days
0 room(s)
1,768 sqft

Overview

Exceptional opportunity to acquire a fully renovated and fully furnished property in the rapidly growing Wynwood Norte neighborhood. Currently operated as a successful seasonal rental, the property enjoys strong occupancy and consistent booking activity, providing immediate income potential for the next owner. Beyond its current cash flow, the property benefits from desirable T4-R zoning, providing future redevelopment potential with a density of 18 units and additional long-term upside as the surrounding area continues to experience significant growth and investment. Located just minutes from Wynwood, Midtown, the Design District, Downtown Miami, and major transportation corridors, this property combines turnkey functionality, immediate income, and future development opportunities in one of Miami's most dynamic neighborhoods.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1947
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$732
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$585,000
$435K – $875K
Confidence Low
List vs. estimate
$710K above estimate
List $1,295,000 · +121.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$732
+68.2% vs. city median $435
Based on
61 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $6.2M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,429
2025
Parking
2 spaces
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

  • Other Property Information

    • Parcel Number: 01-31-25-019-2951

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $9,429

  • Source details

    • MLS ID: A12037490

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 1768

    • Water Source: Municipal Water

    • Subdivision Name: WYNDWOOD PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BZG International, LLC