241 NW 32nd Street, Miami, FL 33127

$949,000
Property Type: Residential Income Square Footage: 2,067 Status: Active
Current Price: $949,000 List Date: 6/23/2026 Last Modified: 9/07/2026

Overview

Description

** OPPORTUNITY for " INVESTORS & DEVELOPERS" seeking IMMEDIATE RENTAL INCOME with future upside in one of Miami’s FASTEST-GROWING AREAS. Property has TWO RENOVATED 2-bedroom, 1-bath units, BOTH currently leased & Generating Rental Income "PLUS" an EXTRA Structure that can perhaps become another EXTRA Income. T4-R zoning with NRD-2 Overlay could offer Potential for Future Redevelopment (Buyers must independently verify zoning, land use & development regulations with the City of Miami). LOCATION: Strategically Positioned in a RAPIDLY EVOLVING Area surrounded by NEW constructions, Mixed-Use Projects, & SIGNIFICANT Public & Private Investment. Minutes from Wynwood Walls, Midtown Miami, D Design District, & Downtown. RARE OPPORTUNITY with STRONG Upside Potential, Future Growth, and long-term returns in one of Miami's Most Dynamic & Rapidly Expanding Neighborhoods. Seller's goal is 2 accept THE STRONGEST OFFER and Considering THE Investment Potential: Submit HIGHEST & BEST to Maximize YO ...

Listing Details MLS# A12041888

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2067
Living Area Main
1708
Adjusted Area Main
1835
Year Built
1955
Parking Total
6
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: Copy Of Lease(s); Other Available Information Fencing: Fenced Flooring: Ceramic Tile Property Condition: Resale Structure Type: Duplex Construction Materials: Block Cooling: Ceiling Fan(s); Wall/Window Unit(s) Heating: Separate Meters; Other Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Other Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent Outdoor Living Spaces: Patio Unit 1 Parking Features: Other Unit 2 Parking Features: Other

Contract Information

Comp Sale YN
No
Original List Price
990000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
241
Street Direction Prefix
NW
Street Name
32nd
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33127
Postal Code +4
3743
Postal Zip
33127
Subdivision Name
WYND WOOD PARK
Area
2310
Elementary School
Eneida Massas Hartner
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Special Assessment YN
No
Parcel Number
0131250192960
Subdivision Number
19
Zoning
3900
Flood Zone
X
Directions
SEE GPS

Financial Information

Tax Annual Amount
15768
Tax Year
2025
Tax Legal Description
WYNDWOOD PARK PB 5-23 LOT 20 BLK 15 LOT SIZE 50.000 X 100 OR 16514-2512 0994 1

Status Change Information

Major Change Timestamp
2026-08-10T20:07:48Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-08-10T20:07:48Z
Status Change Date
2026-06-23

More Information

Income and Expenses

Gross Income
4225

Unit 1 Details

Actual Rent
2175
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 1 Lease Description

Currently Leased YN
Yes

Unit 2 Details

Actual Rent
2050
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 2 Lease Description

Currently Leased YN
Yes

Price Calculations

Current Price To SqFt
555.62

Section Details

Parcel Number MLX
2960

Originating Details

Originating System Key
515147683
Originating System ID
M00000151
IDX
Listing Office: Realty One Group Evolution
Last Updated: September - 07 - 2026
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