Investor and developer opportunity in the heart of Wynwood Norte. This multifamily duplex sits on a 7,200 sq ft lot zoned 3900 Multi-Family (T4-R), allowing up to 38–62 units per acre and offering strong redevelopment potential for up to approximately 15 units across four stories (subject to buyer verification). Currently configured as two 2-bedroom, 1-bath units, the property provides immediate rental income with long-term upside. Located just steps from Midtown Miami, the Design District, Wynwood Walls, and minutes from Downtown, Brickell, and major highways, this site is ideal for short-term rentals, future multifamily development, or boutique residential projects. All information must be independently verified by the buyer as part of their due diligence.
For sale
$1,350,000
120 NW 32nd St, Miami, FL 33127
4beds
2baths
1,654sqft
Est.:
Duplex
Built in 1957
-- sqft lot
$-- Zestimate®
$816/sqft
$-- HOA
What's special
- 91 days
- on Zillow |
- 47 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: May 07, 2025 at 10:42am
Listed by:
Milady Naranjo 786-449-0023,
Julies Realty, LLC,
Yilena Mendoza 786-442-7626,
Julies Realty, LLC
Source: MIAMI,MLS#: A11797016
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile
Interior area
- Total structure area: 1,718
- Total interior livable area: 1,654 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
Features
- Stories: 1
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 0131250270290
- Zoning: 3900
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Old Spanish,Other
- Property subtype: Duplex
Materials
- CBS Construction
- Roof: Shingle
Condition
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Prices Addn To St James P
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $816/sqft
- Tax assessed value: $1,188,806
- Annual tax amount: $15,305
- Date on market: 5/5/2025
- Listing terms: Cash
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