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118 NW 24th St, Miami FL 33127

Commercial For Sale
$3,890,000

BTC: 129.66666667

ETH: 1,945.00000000

27 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Covered land play with a multifamily building in the heart of Wynwood. This is an exceptional covered land investment located in the urban core of Wynwood, one of Miami's most transformative neighborhoods. Situated on a 7,500 SF lot, the property houses a 2,620 SF multifamily structure configured into eight residential units, currently producing stable in-place income. With flexible T5-0 zoning, this site offers a unique opportunity to generate immediate cash flow while strategically land banking for future vertical development. As Wynwood continues to mature with new hospitality, residential, and commercial developments, 118 NW 24th Street is ideally positioned.

Location

Florida • Miami • 33127 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1927
Lot:
7500 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 7500 Square Feet

    Other Property Information

    • Parcel Number: 01-31-25-037-0420

    • Zoning: 6101

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $55,984

  • Source details

    • MLS ID: A11910118

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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 ©2025-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: Gridline Properties