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Zoned Multi-Family Development Lot

120 NW 32 Miami, FL 33127

120 NW 32, Miami, FL, 33127
$1,150,000
For Sale
Under Contract
$1,150,000

MULTI_FAMILY - Miami, FL

Property Size1,654 SF
Lot Size0.17 Acres
Price / SF$695.28
Days on Market18

Property Features for 120 NW 32

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Rooms
Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Parking
4
Standard status
Active Under Contract
APN
01-31-25-027-0290
Size
1,654 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
PRICES ADD TO ST JAMES PARK PB 4-47 LOT 3 BLK B LOT SIZE 50.000 X 144 OR 19340-3014 10 2000 1
Tax Annual Amount
24521

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air

Building Details

Year built
1957
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Tile, Flat
Listing Agency Julies Realty, LLC
1700 Kennedy Causeway, North Bay Village, FL
Listed by Milady Naranjo · License #3392187
Added: Jun 30 Checked: Jul 17 at 5:06 pm
MLS# A11960545 Listing URL

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 offering is a development parcel suitable for multi-family redevelopment, totaling 1,654 square feet. The property is described as zoned T4-R with an NRD-2 overlay under Miami21. The listing notes the potential to develop up to 25 units across 3 stories, subject to applicable requirements, including off-site parking to be confirmed with the City of Miami per NRD guidelines.

The site is located in Wynwood Norte and is presented as being within a short walk to Midtown Shops, dining, and entertainment. The property falls under the Neighborhood Revitalization District (NRD) framework referenced in the remarks.

For developers evaluating multi-family feasibility under the T4-R/NRD-2 framework, this parcel provides a clearly identified zoning basis and a stated unit-massing potential of up to 25 units across three stories. Prospective buyers should plan to verify final site constraints and parking obligations with the City of Miami, as the listing specifies that off-site parking details require buyer confirmation.

Key Highlights

  • 7,200 SF lot zoned T4‑R with NRD‑2 overlay under Miami21
  • Zoned for redevelopment with potential to build up to 25 units across 3 stories (buyer to verify with the City of Miami)
  • Single‑family residence includes 5 bedrooms and 4 bathrooms

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Removery Tattoo Removal ... Tattoo & Piercing Shop

Suggested Use

(Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Buffet (Bike/Boat/Book/etc) Store Nursing Home Restaurant Nursing Home Clothing & Fashion Store Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential land & home lot - Multi-family development parcel zoned T4-R with an NRD-2 overlay under Miami21 provisions.
Where is this residential land & home lot located?
The property is located at 120 NW 32 Miami, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 7,200 SF lot zoned T4‑R with NRD‑2 overlay under Miami21; Zoned for redevelopment with potential to build up to 25 units across 3 stories (buyer to verify with the City of Miami); Single‑family residence includes 5 bedrooms and 4 bathrooms
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