An exceptional investment opportunity located in the heart of Miami's rapidly evolving Wynwood district, renowned for its vibrant arts, culture, and entertainment scene. This 7,250 SF lot also features a 5/3 duplex, providing immediate rental income while you navigate the redevelopment process. This property is strategically situated near Downtown, FTS Arena and major highways, ensuring convenient access to surrounding areas. With redevelopment actively permitted, the potential for growth and value appreciation is substantial.
Whether you are an investor seeking premium real estate or developer aiming for capitalized the area's transformation, seize this unparalleled opportunity in one of Miami's most dynamic and fast-growing districts, where demand continues to surge!
East Coast Realty Brokerage LLC
Features & Details
Learn about the features and details of 420 NW 32nd St
Property Details
Property Type
Duplex
Living Area
2,174 sqft
Year Built
1971
Lot Size
-
Stories
-
Annual Tax
$16,383.00
List Date
3/15/2025
Updated
6/7/2025
Last Checked
Recent
MLS Number
#A11762904
Brokerage
East Coast Realty Brokerage LLC
Postal Code
33127
Area
Miami-Dade
City
Miami
Additional Property Features
Occupancy
Vacant
List Price
$1,900,000.00
Unit Number
-
Construction
Block
Heating
Central
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Central Air
Elevator
No
Locker
No
Swimming Pool
None
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
Show More Features
Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 420 32nd St
20.5%100%
30 Years
Estimated Monthly Payment
$7,653
Cash Flow Analysis
Mortgage Payment:
$7,653
Monthly Payment:
$9,018.25
Break Even Down Payment:
100%
Cash Flow
$0
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Discover this exceptional duplex in the heart of Miami. This well-appointed property offers 2,174 square feet of living space. Originally built in 1971. Offered at $1,900,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.