Listing Agency: Alterra Realty Group Inc

Listed By: Maritza Borroto · License #3222207 Show Phone

Source: Emporiore

Added: May 1 Changed: Oct 28 Last Checked: Oct 26 at 4:00PM

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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 Alterra Realty Group Inc

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This commercial land offering includes a 7,200 SF lot in Wynwood. The listing identifies multifamily development as a possibility under current zoning overlays, subject to buyer verification of zoning, density and allowable uses.

New construction and major developments are present in the surrounding corridor. Lot dimensions are approximate and require verification.

Key Highlights

• 7,200 SF lot in Wynwood
• New construction and major developments in the surrounding corridor
• Multifamily development may be supported under current zoning overlays; verify zoning, density and allowable uses

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Suggested Use

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

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

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - The parcel sits in a Wynwood corridor with new construction and major development nearby.

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: 7,200 SF lot in Wynwood; New construction and major developments in the surrounding corridor; Multifamily development may be supported under current zoning overlays; verify zoning, density and allowable uses