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$3,890,000
Est. payment /mo
2,620 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,620 sqft
Price per Sqft $1,484
MLS Listing ID A11910118
HOA Y/N No
Year Built 1927
Annual Tax Amount $55,984
Lot Size 7,500 Sqft
Property Sub-Type Multi Family
Property Description
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.
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
State FL
County Miami-dade
Area 30
Exterior
Private Pool Yes
Others
Tax ID 01-31-25-037-0420
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11910118
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Listed by Gridline Properties
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