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North Wynwood Development Opportunity
For Sale
$1,299,000

134 NW 32nd St, Miami, FL 33127

Oversized lot with plans for five modern townhomes.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market259

Property Features for 134 NW 32nd St

General Information

Standard status Active
Lot size 0.17 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $14,535
Listing Agency:
Listed By: Jorge Llano · License #3093628
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Jul 16 at 10:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jorge Llano

Investment Insights

Based on property information with market context.

This property presents a development opportunity in North Wynwood, featuring an oversized 7,200 square foot lot zoned T4-R. Plans are ready, but not yet approved, to construct five modern townhomes. Each townhome is designed with 3 bedrooms, 3 full baths, 2 half baths, private parking, and rooftop terraces. Currently, a duplex occupies the lot. One unit is a 1/1 rented at $1,360 per month, and the other is a 3/1 rented at $1,700 per month. The existing structure is considered a tear-down. The property is located 2 blocks from Wynwood and 4 blocks from the Design District, with proximity to Downtown Miami. This location offers redevelopment potential or long-term investment prospects in a rapidly growing area.

Key Highlights

  • Oversized 7,200 SF lot in North Wynwood.
  • Zoned T4‑R, ideal for redevelopment.
  • Plans ready for five modern townhomes (3 bed/3 full bath/2 half bath).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Buffet Nursing Home Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,612
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Oversized lot with plans for five modern townhomes.
Where is this residential land & home lot located?
The property is located at 134 NW 32nd St Miami, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Oversized 7,200 SF lot in North Wynwood.; Zoned T4‑R, ideal for redevelopment.; Plans ready for five modern townhomes (3 bed/3 full bath/2 half bath).
More about this property
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