Property Attributes
- MLS#A12010516
- TypeIncome
- Listing Status Active
- CountyMiami-Dade
- CityMiami
- Area31
- NeighborhoodWYND WOOD PARK
- Zip33127
- Style
- Year Built1937
- Taxes$ 1259172
- Price$ 1,175,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1800
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
Wynwood Norte | Covered Land Play — 24-Unit By-Right Development with Income In Place A rare chance to enter one of Miami's hottest corridors with cash flow from day one and a clear path to 24 units — no variances, no parking, just execute. The existing ±2,000 SF triplex generates $4,000/month ($34,200 NOI), with tenants covering utilities and maintenance — keeping carry costs low while you permit and design. Zoned T4-R within the NRD-2 overlay, the site allows up to 150 units/acre by right, with zero parking requirements and zero variances needed — multifamily or fee-simple townhomes, your call. Just west of Midtown Miami and the Design District, Wynwood Norte sits in one of South Florida's most active development pipelines — 6,000+ units and 2M+ SF of office planned nearby. Easy access to I-95, Wynwood, Edgewater, Downtown, and Miami Beach. Our team has closed 5 sites in Wynwood Norte and can support you on design, underwriting, entitlements, and introductions to lenders, architects, and builders who know this market. Income in place. Simple zoning. No parking headaches. No variance risk. Just execute. DO NOT DISTURB TENANTS — Showings by appointment only.
| Price History | |
|---|---|
| 4/30/2026 | Listed $1,175,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | None,Other |
| Cooling | Central Air |
| Utilities | Cable Available |
| Possession | Close Of Escrow |
| Roof | Concrete |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1937 |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Triplex |
| Tax Year | 2025 |
| County | Miami-Dade |
| Property Type | Residential Income |
| Subdivision Name | WYND WOOD PARK |
| Rent Includes | Sewer |
| 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 |
| Year Built Details | Effective Year Built |
| Tax Annual Amount | 1259172 |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12010516 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Property Sub Type Additional | Triplex |
| PostalCity | Miami |
| Legal Description | WYNDWOOD PARK PB 5-23 LOT 4 BLK 16 LOT SIZE 50.000 X 142 OR 21236-0441 01 2003 4 COC 22183-0413 03 2004 1 |
Interior Features
| Flooring | Other |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | false |
| Total Bedrooms | 3 |
Exterior Features
| Lot Features | < 1/4 Acre |
|---|---|
| Total Parking | 8 |
| Building Area Total | 7100 |
| 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
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Data Last Updated: September 28, 2026 1:20 AM 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