Wynwood Development
For Sale
$1,676,767
420 NW 32nd St, Miami, FL 33127
LAND - Miami, FL
Property SizeContact for details
Lot Size0.17 Acres
Days on Market97
Property Features for 420 NW 32nd St
General Information
Property type
Land
Property subtype
Other
Zoning description
3900
Subdivision
NORTHERN BLVD TRACK
Lot features
Rectangular Lot
Standard status
Active
APN
01-31-25-024-0890
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NORTHERN BLVD TR PB 2-29 LOT 9 BLK 5 LOT SIZE 50.000 X 143
Tax Annual Amount
22275
Legal Description
NORTHERN BLVD TR PB 2-29 LOT 9 BLK 5 LOT SIZE 50.000 X 143
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Alterra Realty Group Inc
(954) 302-6368
Listed By:
Maritza Borroto · License #3222207
(305) 753-7148
Added: May 2
Changed: Jun 30
Last Checked: Aug 6 at 5:06PM
MLS# A12009757
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 property presents a development opportunity in the heart of Wynwood. Currently configured as a duplex, it is being marketed for its redevelopment potential. The existing structures are being sold in as-is condition, without any representation as to current use or improvements. The property is situated on a 7,200 square foot lot, equivalent to 0.1653 acres, within a rapidly transforming corridor surrounded by new construction and major developments. The area may support multifamily development under current zoning overlays, but the buyer is responsible for verifying zoning, density, and allowable uses. The lot dimensions are approximate and subject to verification. This property is ideal for investors or developers seeking to capitalize on Wynwood’s continued growth and strong demand. The property can generate income while the redevelopment process is being planned or pursued.
Key Highlights
- Prime Wynwood location in a rapidly transforming corridor.
- Redevelopment opportunity on a 7,200 SF lot.
- Potential for multifamily development (buyer to verify).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,073
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 7,200 SF lot in rapidly transforming Wynwood corridor.
Where is this commercial land located?
The property is located at 420 NW 32nd St Miami, FL.
What is the asking price?
The asking price for this property is $1,676,767.
What are key features of this property?
This property features: Prime Wynwood location in a rapidly transforming corridor.; Redevelopment opportunity on a 7,200 SF lot.; Potential for multifamily development (buyer to verify).
