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118 NW 24th St
Miami, FL 33127
Bureau Propriété À vendre
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Faits saillants de l'investissement
- Covered Land Play with Immediate Cash Flow in Wynwood
- 7,500 SF Lot with T5-O / NRD-1 Zoning (Up to 5 Stories)
- Fully Stabilized Asset with Leases in Place
- 8-Unit Multifamily (Studios) Generating ~$12,400/Month
- Prime Redevelopment Opportunity (Residential, Retail, STR Potential)
- Walkable Location Near Wynwood Walls, Dining & Entertainment
Résumé de l'annonce
Exceptional covered land play with in-place multifamily income located in the heart of Wynwood—one of Miami’s most rapidly evolving urban cores. The property sits on a 7,500 SF lot and features a 2,620 SF multifamily building configured as 8 studio units (8/8), currently generating approximately $12,400/month in stable income with leases in place.
Zoned T5-O / NRD-1, the site offers strong redevelopment potential up to 5 stories, allowing for a mix of residential, retail, or short-term rental use. Ideal for investors seeking immediate cash flow while land banking for future vertical development.
Additional highlights include:
8 assigned street parking spaces (City decal)
New roof (2016)
Central washer/dryer
WiFi network for tenants
All leases current and stabilized
Strategically located within walking distance to Wynwood Walls, Zak the Baker, and surrounded by top-tier dining, retail, and nightlife, with close proximity to Design District, Midtown, Downtown Miami, Miami Beach, and Allapattah.
Seller is motivated and willing to review offers.
Zoned T5-O / NRD-1, the site offers strong redevelopment potential up to 5 stories, allowing for a mix of residential, retail, or short-term rental use. Ideal for investors seeking immediate cash flow while land banking for future vertical development.
Additional highlights include:
8 assigned street parking spaces (City decal)
New roof (2016)
Central washer/dryer
WiFi network for tenants
All leases current and stabilized
Strategically located within walking distance to Wynwood Walls, Zak the Baker, and surrounded by top-tier dining, retail, and nightlife, with close proximity to Design District, Midtown, Downtown Miami, Miami Beach, and Allapattah.
Seller is motivated and willing to review offers.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Loft
Taille du bâtiment
2 754 pi²
Classe d’immeuble
B
Année de construction
1927
Prix
5 327 737 $ CAD
Prix par pi²
1 934,55 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Superficie de plancher typique
2 754 pi²
Coefficient d’occupation des sols de l’immeuble
0,37
Taille du lot
0,17 AC
Zonage
T5-O/NRD-1 - T5-O/NRD-1
Stationnement
8 places (2,9 places par 1 000 pi² loué)
Commodités
- Accès contrôlé
- Terrain clôturé
- Puits de lumière
- Hauts plafonds
- Lumière naturelle
- Wi-Fi
- Climatisation
Impôts fonciers
| Numéro de lot | 01-3125-037-0420 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 3 819 613 $ CAD |
Impôts fonciers
Numéro de lot
01-3125-037-0420
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
3 819 613 $ CAD
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