An exceptional investment opportunity located in the heart of Miami's rapidly evolving Wynwood district, renowned for its vibrant arts, culture, and entertainment scene. This 7,250 SF lot also features a 5/3 duplex, providing immediate rental income while you navigate the redevelopment process. This property is strategically situated near Downtown, FTS Arena and major highways, ensuring convenient access to surrounding areas. With redevelopment actively permitted, the potential for growth and value appreciation is substantial.
Whether you are an investor seeking premium real estate or developer aiming for capitalized the area's transformation, seize this unparalleled opportunity in one of Miami's most dynamic and fast-growing districts, where demand continues to surge!
Listed by Maritza Borroto
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License #3222207
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East Coast Realty Brokerage LLC
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305-753-7148
Last updated August 15, 2025
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Source: MIAMIRE #A11762904
Listing Facts
TypeMulti-family
NeighborhoodLittle San Juan
Days on Prevu176
Taxes$16,383/year
Size2,174 sqft
Price per sqft$805
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
08/15/2025
Status changed to Active
$1,749,000
08/15/2025
Price Decreased
$1,749,000
07/11/2025
Status changed to Pending
$1,900,000
03/15/2025
Listed by East Coast Realty Brokerage LLC
$1,900,000
Property Details for 420 NW 32nd St
Association
General
Number Of Units In Community: 2
Exterior
Construction
Roof: Shingle
Stories: 2
Stories Total: 2
Structure Type: Duplex
Year Built: 1971
Year Built Details: Resale
Architectural Style: Detached
Building Name: NORTHERN BLVD TRACK
Construction Materials: CBS Construction
Measurements
Building Area Total: 2,174
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 01-31-25-024-0890
Tax Annual Amount: $16,383.00
Tax Year: 2024
Interior
Features
Flooring: Tile
Measurements
Living Area: 2,174
Living Area Units: Square Feet
Other
Location
Subdivision Name: NORTHERN BLVD TRACK
Parking
Parking
Parking Total: 6
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.