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.
Listed by Milady Naranjo
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License #3392187
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Julies Realty, LLC
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786-449-0023
Listed by Yilena Mendoza
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License #3303361
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Julies Realty, LLC
Last updated May 07, 2025
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Source: MIAMIRE #A11797016
Listing Facts
TypeMulti-family
NeighborhoodLittle San Juan
Days on Prevu125
Taxes$15,305/year
Size1,654 sqft
Price per sqft$816
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
05/05/2025
Listed by Julies Realty, LLC
$1,350,000
Property Details for 120 NW 32nd St
Association
General
Number Of Units In Community: 2
Exterior
Construction
Roof: Shingle
Stories: 1
Stories Total: 1
Structure Type: Duplex
Year Built: 1957
Year Built Details: Resale
Architectural Style: Old Spanish, Other
Building Name: PRICES ADDN TO ST JAMES P
Construction Materials: CBS Construction
Measurements
Building Area Total: 1,718
Building Area Units: Square Feet
Lot Features: 1/4 To Less Than 1/2 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 01-31-25-027-0290
Tax Annual Amount: $15,305.00
Tax Year: 2024
Interior
Features
Flooring: Tile
Measurements
Living Area: 1,654
Living Area Units: Square Feet
Other
Location
Subdivision Name: PRICES ADDN TO ST JAMES P
Parking
Parking
Parking Total: 5
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Sewer: Public Sewer
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.