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266 NW 32nd St, Miami FL 33127

House For Sale
$1,250,000

BTC: 19.47355655

ETH: 709.04284888

32 days
2 bds
1 ba
1,343 sqft

Overview

This 7,100-square-foot lot in Wynwood Norte presents a unique opportunity to develop multifamily of 24 units maximum 3 floors or a single-family home in one of Miami’s fastest-growing emerging neighborhoods. While your permits are being approved, the property can generate approximately $52,800 in annual income, with tenants covering all utility expenses and the owner responsible for only about $13,000 per year in property taxes. Don’t miss this exceptional investment opportunity with immediate income potential and long-term development upside.

Location

Florida • Miami • 33127 • House • For Sale

Details

Type:
Residential
Parking:
None
Year Built:
1938
Lot:
7100 Square Feet
Heating:
Central
Price/sqft:
$931
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$579,000
$358K – $1.2M
Confidence Low
List vs. estimate
$671K above estimate
List $1,250,000 · +115.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$930
+93.8% vs. city median $480
Based on
59 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $10.9M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,000
2025
View
None
Garage
1 car garage
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Range

    • Refrigerator

    Other interior features

    • First Floor Entry

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Parking

    • None

    Lot

    • Lot: 7100 Square Feet

    Other Property Information

    • Parcel Number: 01-31-25-019-3070

    • Zoning: 3900

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $13,000

  • Source details

    • MLS ID: A12023033

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Awning(s)

    • Direction Faces: North

    • Architectural Style: Attached / Two Story

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1343

    • Water Source: Municipal Water

    • Subdivision Name: WYND WOOD 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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Market around this address

Live counts in the same area.
View all
This zip
33127
302
median $1.1M
Active
Same city
Miami
12,367
median $640K
Active
Same type
House
2,972
median $829K
Active
Similar price
$875K – $1.6M
2,015
median $1.1M
Active

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: Miami Residential Group