Address Withheld By Seller, Miami, FL 33127

Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Address Withheld By Seller,Miami, FL 33127
$3,915,000
  • - Beds
  • - Baths
  • 2,983 sq. ft.
  • Multi-family
  • Active
Listed by:alfredo riascos
Office:gridline properties
MLS#:A11827380
Source:SEFMLS

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Price summary

  • Price:$3,915,000
  • Price per sq. ft.:$1,312.44

About this home

Covered Land Play with In-Place Multifamily Income in the Heart of Wynwood Gridline Properties is proud to present 118 NW 24th Street—an exceptional covered land investment located in the urban core of Wynwood, one of Miami’s most transformative neighborhoods. Situated on a 7,500 SF lot, the property is improved with a 2,620 SF multifamily structure configured into eight residential units, currently producing stable in-place income. With flexible T5-O zoning, this site offers a unique opportunity to generate immediate cash flow while strategically land banking for future vertical development.118 NW 24th Street is ideally positioned for future repositioning or redevelopment up to five stories, with a mix of residential, retail, or short-term rental uses.

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Home facts

  • Year built:1927
  • Listing Id #:A11827380
  • Updated:August 15, 2025 at 09:55 AM

Rooms and interior

  • Living area:2,983 sq. ft.

Structure and exterior

  • Year built:1927
  • Building area:2,983 sq. ft.

Finances and disclosures

  • Price:$3,915,000
  • Price per sq. ft.:$1,312.44
  • Tax amount:$55,984 (2025)
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