420 NW 32nd St, Miami, FL 33127

Building Details

Architectural style

Other

Listing agent Maritza Borroto License #3222207 Show Phone

Listing office Alterra Realty Group Inc b***@alterrarealtygroup.com 1135 Satinleaf St, Plantation, FL Show Phone

Listing date May 1, 2026

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MLS# A12009757 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.

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Overview

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.

Suggested Use

Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Daycare Center Grocery & Convenience Store

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

Location Insight

• Map
• Local Demand

City

Miami

County

Miami-Dade

State

Florida

Longitude

-80.20269

Latitude

25.80625

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FAQs

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).