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Investment Highlights

  • GENERATING GREAT INCOME SHORT TERM
  • DEVELOPMENT OPPORTUNITY
  • FULLY RENOVATED

Executive Summary

Exceptional opportunity to acquire a fully renovated and fully furnished property in the rapidly growing Wynwood Norte neighborhood. Currently operated as a successful seasonal rental, the property enjoys strong occupancy and consistent booking activity, providing immediate income potential for the next owner. Beyond its current cash flow, the property benefits from desirable T4-R zoning, providing future redevelopment potential with a density of 18 units and additional long-term upside as the surrounding area continues to experience significant growth and investment. Located just minutes from Wynwood, Midtown, the Design District, Downtown Miami, and major transportation corridors, this property combines turnkey functionality, immediate income, and future development opportunities in one of Miami's most dynamic neighborhoods.

Property Facts

Price $1,295,000
Price Per Unit $647,500
Sale Type Investment
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.11 AC
Building Size 1,864 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1947/2025
Zoning T4-R - T4-R (General Urban Residential) under the City of Miami's Miami 21 Zoning Code and Wynwood Norte NRD-2 Overlay.

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Ceiling Fans
  • Refrigerator
  • Stainless Steel Appliances
  • Deck
  • Garden
  • Handrails
  • Lawn
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100
  • Listing ID: 40937986

  • Date on Market: 6/16/2026

  • Last Updated:

  • Address: 243 NW 32nd St, Miami, FL 33127

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