118 NORTH WEST 24TH ST, Miami
$3,890,000 USD
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| Address | 118 NORTH WEST 24TH ST, Miami |
| Building Name | 118 NW 24th St |
| Type of Property | Income / MultiFamily |
| Type of Business | Residential-Multi-Family, Apartments |
| Price | $3,890,000 |
| Property Status | Active |
| MLS Number | A11910118 |
| Property Size | 7500 |
| Lot Size | 7500 |
| Year Built | 1927 |
| Folio Number | 01-31-25-037-0420 |
| Zoning Information | 6101 |
| Days on Market | 145 |
Detailed Description: Covered land play with a multifamily building in the heart of Wynwood. This is an exceptional covered land investment located in the urban core of Wynwood, one of Miami’s most transformative neighborhoods. Situated on a 7,500 sq.ft lot, the property houses a 2,620 sq.ft multifamily structure configured into eight residential units, currently producing stable in-place income. With flexible T5-0 zoning, this site offers a unique opportunity to generate immediate cash flow while strategically land banking for future vertical development. As Wynwood continues to mature with new hospitality, residential, and commercial developments, 118 NW 24th Street is ideally positioned. Seller is motivated to sell. Willing to look at offers
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33127 |
| Address | 118 NORTH WEST 24TH ST |
| Section | 25 |
| Zip Code (4 Digits) | 4458 |
Financial Information
| Price | $3,890,000 |
| Price per Foot | $0 |
| Folio Number | 01-31-25-037-0420 |
| Tax Amount | $55,984 |
Full Descriptions
| Detailed Description | Covered land play with a multifamily building in the heart of Wynwood. This is an exceptional covered land investment located in the urban core of Wynwood, one of Miami’s most transformative neighborhoods. Situated on a 7,500 sq.ft lot, the property houses a 2,620 sq.ft multifamily structure configured into eight residential units, currently producing stable in-place income. With flexible T5-0 zoning, this site offers a unique opportunity to generate immediate cash flow while strategically land banking for future vertical development. As Wynwood continues to mature with new hospitality, residential, and commercial developments, 118 NW 24th Street is ideally positioned. Seller is motivated to sell. Willing to look at offers |
Property parameters
| Living Area | 7500 |
| Lot Size | 7500 |
| Total Acreage | 0.000 |
| Zoning Information | 6101 |
| Maximum Leasable Size | 7500 |
| Year Built | 1927 |
| Type of Property | Income / MultiFamily |
| Type of Business | Residential-Multi-Family, Apartments |
| Building Name | 118 NW 24th St |
| Street Direction | North West |
| Listed with | Gridline Properties |