8-Unit Apartment
For Sale
$3,350,000
118 NW 24th St, Miami, FL 33127
Residential Income, Miami, FL
Property Size2,983 SF
Lot Size0.17 Acres
Price / SF$1,123
Days on Market43
Property Features for 118 NW 24th St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
6101
Full bathrooms
1
Rooms
Bathroom 1
Parking
8
Window features
Skylight(s)
Interior features
Skylights
Exterior features
Fence
Fencing
Fenced
Subdivision
MARKS SUB
Lot features
< 1/4 Acre
Standard status
Active
APN
01-31-25-037-0420
Size
2,983 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4 COC 26485-4056 07 2008 4
Tax Annual Amount
56717
Legal Description
25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4 COC 26485-4056 07 2008 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
WiFi network
central washer and dryer
Building Details
Year built
1927
Floors in Building
1
Flooring type
Concrete
Building materials
Block
Roof type
Shingle
Architectural style
Other
Listing Agency:
IRG
(305) 507-5546
Listed By:
Cuindney Mantilla · License #3325552
(203) 508-2407
Added: Jul 18
Changed: Aug 27
Last Checked: Aug 29 at 10:06AM
MLS# A11977900
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property contains 8 studio units within a 2,983-square-foot building on a 7,500-square-foot lot. The improvements include concrete flooring, skylights, block construction, a shingle roof, wall/window cooling units, and a central washer and dryer. A WiFi network serves the tenants, while fencing and 8 street parking spaces with City Decal are also included.
The property is located at 118 NW 24th St in Miami, near Wynwood and within minutes of the Miami Design District, Midtown, Allapattah, Miami Beach, and Downtown Miami. It carries T5-O/NRD-1 zoning, with public water and public sewer service. Tenant leases are current, and the property generates ongoing rental income.
The property is located at 118 NW 24th St in Miami, near Wynwood and within minutes of the Miami Design District, Midtown, Allapattah, Miami Beach, and Downtown Miami. It carries T5-O/NRD-1 zoning, with public water and public sewer service. Tenant leases are current, and the property generates ongoing rental income.
Key Highlights
- 8 studio units in a 2,983 SF multifamily building
- 7,500 SF lot with T5‑O/NRD‑1 zoning
- 8 street parking spaces with City Decal
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
7,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight studio units with shared laundry, tenant WiFi, and T5-O/NRD-1 zoning in Miami.
Where is this apartment building located?
The property is located at 118 NW 24th St Miami, FL.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: 8 studio units in a 2,983 SF multifamily building; 7,500 SF lot with T5‑O/NRD‑1 zoning; 8 street parking spaces with City Decal
