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266 NW 32nd St - Wynwood Norte Development Site 0.16 Acres of Commercial Land Offered at $1,690,188 CAD in Miami, FL 33127
Investment Highlights
- T4-R zoning within NRD-2 overlay allowing up to 24 residential units by right
- No parking requirement enhances design flexibility and reduces development costs
- Located within walking distance of Wynwood, Midtown, and the Design District for high tenant demand.
- The existing property can generate approximately $52,800 in annual rental income.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot
| Price | $1,690,188 CAD | Lot Size | 0.16 AC |
| Price Per AC | $10,369,696.44 CAD |
| Price | $1,690,188 CAD |
| Price Per AC | $10,369,696.44 CAD |
| Lot Size | 0.16 AC |
Development Opportunity in North Wynwood Oversized 7,100 SF lot zoned T4-R presents an exceptional investment and redevelopment opportunity within Miami’s Neighborhood Revitalization District (NRD-2). Ideally located within walking distance of Midtow
Description
Development Opportunity in North Wynwood Oversized 7,100 SF lot zoned T4-R presents an exceptional investment and redevelopment opportunity within Miami’s Neighborhood Revitalization District (NRD-2). Ideally located within walking distance of Midtown’s shops, restaurants, and entertainment, the property offers potential development of up to 24 residential units across three stories with street parking, subject to NRD-2.The existing property can generate approximately $52,800 in annual rental income.
Property Taxes
| Parcel Number | 01-3125-019-3070 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $777,758 CAD |
Property Taxes
Presented by
266 NW 32nd St - Wynwood Norte Development Site
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