Description for 255 NW 32nd St, Miami, FL 33127
The subject property consists of two separate structures sitting on a 10,000 SF lot; a duplex with 3 bedrooms and 1 bathroom each on both the top and bottom floors, as well as an ancillary unit with 3 bedrooms and 2 bathrooms. All units are around 900 SF each. The property is currently 100% occupied with rents at $1,795 per month and a total gross income of $65,000. Rents are on a month-to-month basis and are determined to be under-market. The property is best seen as a covered land play, offering an investor the opportunity to ultimately take advantage of the Wynwood Norte NRD-2 zoning overlay for low-intensity infill development. The site carries an increased density of 150 d/U per acre, allowing for approximately 33 units.
Property Details
Price History
Source: MLS
| Date | Event | Price | Source |
|---|---|---|---|
| 2024-04-09 10:28:06 | For Sale | $2,800,000 | MLS |
| 2023-06-16 | For Sale | $3,300 | MLS |
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