145 32Nd St Miami, FL 33127
- Small apartment buildings
- 1,788 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 145 32Nd St
- Year built
- 1925
- Property size
- 1,788 SF
- Property type
- Small apartment buildings
Description
This 1925-built, single-story apartment building in Miami's Wynwood Norte neighborhood offers a unique investment opportunity. The 1,788 square foot property is legally configured as a triplex, featuring three units: a 2-bedroom/1-bathroom, and two 1-bedroom/1-bathroom units. Each unit has a separate electric meter. Located at 145 NW 32nd St, Miami, FL 33127, this property is situated on a desirable street within walking distance of Wynwood, Midtown, and the Design District. The property is zoned T4, allowing for potential redevelopment into a larger multifamily building (up to 15 units) with no parking restrictions, per the City of Miami's Wynwood Norte Neighborhood Revitalization District (NRD-2) plan. The asking price is $1,400,000. The property is being sold "as-is" for land value and requires some tender loving care (TLC). Showings are by appointment only with proof of funds and a formal offer. No liens or violations are present. This is a rare chance to acquire a property in a rapidly growing area with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1982148
- Latitude
- 25.8068821
