Property Attributes
- MLS#A12050754
- TypeIncome
- Listing Status Active
- CountyMiami-Dade
- CityMiami
- Area31
- NeighborhoodWYND WOOD PARK
- Zip33127
- Style
- Year Built1946
- Taxes$ 23956
- Price$ 2,900,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage2105
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
Exceptional investment and development opportunity in Wynwood Norte. This prominent 12,776 SF corner lot combines immediate income from a legal, stabilized 4-unit property with compelling future development potential. Zoned T4-R NRD-2, the site may allow up to 4 stories and approximately 40 residential units, or a potential mix of residential and commercial uses, subject to applicable regulations and buyer due diligence. An ideal opportunity to generate rental income while positioning for future redevelopment in one of Miami's most dynamic and evolving neighborhoods, surrounded by continued investment and residential growth. The property's corner location, substantial lot size and current income stream create a unique opportunity for developers and investors seeking flexibility, visibility and long-term upside. Located near major employment, dining, entertainment and cultural destinations, the site benefits from the continued transformation of the greater Wynwood area and strong demand for urban living. Its strategic location offers excellent connectivity to Downtown Miami, the Design District, Midtown and major transportation corridors, enhancing its appeal for future development. This is a rare chance to secure a sizable corner parcel in a high-growth urban neighborhood while benefiting from in-place income today. Detailed rent roll and expense information is available in the attached flyer. Drive by only; please respect tenant privacy and do not disturb occupants.
| Price History | |
|---|---|
| 7/9/2026 | Listed $2,900,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | None |
| Cooling | Wall/Window Unit(s) |
| Utilities | Cable Available |
| Possession | Closing & Funding |
| Roof | Flat |
| Architectural Style | Fourplex |
| Pool Features | None |
| Construction Materials | Other |
| Year Built | 1946 |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Quadruplex |
| Tax Year | 2025 |
| County | Miami-Dade |
| Operating Expense | 28356 |
| Property Type | Residential Income |
| Subdivision Name | WYND WOOD PARK |
| Rent Includes | Sewer,Trash Collection,Water |
| Full Baths | 1 |
| Status | Active |
| City | Miami |
| Zoning Description | 3900 |
| Number Of Units Total | 1 |
| MLS Area | 31 |
| Lot Size Units | Square Feet |
| Listing Terms | Cash,Conventional |
| Year Built Details | Resale |
| Tax Annual Amount | 23956 |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12050754 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Total Actual Rent | 63600 |
| Property Sub Type Additional | Quadruplex |
| PostalCity | Miami |
| Legal Description | 25 53 41 WYNDWOOD PARK PB 5-23 LOT 11 & 12 BLK 15 LOT SIZE 118.300 X 108 OR 11586-1782 1082 5 |
| AttributionContact | [email protected] |
Interior Features
| Flooring | Ceramic Tile,Tile,Vinyl |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | false |
| Total Bedrooms | 2 |
Exterior Features
| Lot Features | 1/4 to 1/2 Acre Lot |
|---|---|
| Total Parking | 3 |
| Building Area Total | 2105 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33127
In The Neighborhood
Miami
$ 2,500,000
- Type
- Income
- Size
- 2,360 SqFt
- Rooms
- 3 Beds + 3.5 Baths
Miami
$ 3,800,000
- Type
- Income
- Size
- 5,574 SqFt
- Rooms
- 6 Beds + 6 Baths
Miami
$ 949,000
- Type
- Income
- Size
- 1,708 SqFt
- Rooms
- 2 Beds + 1 Baths
Miami
$ 1,845,000
- Type
- Income
- Size
- 2,280 SqFt
- Rooms
- 3 Beds + 1 Baths
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Data Last Updated: September 26, 2026 4:31 PM UTC
Palm Beach Board of Realtors MLS® (PBBORMLS) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating