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266 NW 32nd St, Miami FL 33127

Commercial For Sale
$1,200,000

BTC: 18.61186506

ETH: 630.70260270

2 days
0 room(s)

Overview

Development Opportunity in North Wynwood Oversized 7,100 SF lot zoned T4-R presents an exceptional investment and redevelopment opportunity within Miami’s Neighborhood Revitalization District (NRD-2). Ideally located within walking distance of Midtown’s shops, restaurants, and entertainment, the property offers potential development of up to 24 residential units across three stories with street parking, subject to NRD-2.The existing property can generate approximately $52,800 in annual rental income.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.16 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,199,000
$450K – $4.3M
Confidence Low
List vs. estimate
At estimate
List $1,200,000 · +0.1%
List is in line with recent comparable activity.
Based on
51 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
$13,324
2025
All facts and features
  • Lot

    • Lot: 0.16 Acres

    Other Property Information

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

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Other Utilities Available

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Phone Available

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $13,324

  • Source details

    • MLS ID: A12058343

    Other facts

    • Lot Features: City Location / Urban Area Development / 1-2.5 Acres

    • Water Source: Municipal Water

    • Lot Size Dimensions: 59x142

    • Subdivision Name: WYND WOOD PARK

Private inquiry
Talk to the advisor on this listing.
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Market around this address

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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: Julies Realty, LLC