126 NW 33rd St Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33127
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,822 sqft
Price per Sqft $708
MLS Listing ID A11841000
Construction Status Resale
HOA Y/N No
Year Built 1924
Annual Tax Amount $12,716
Lot Size 5,008 Sqft
Property Sub-Type Multi Family
Property Description
Prime Wynwood Redevelopment with $120K Annual Income.Unlock one of Miami's most sought-after investment opportunities.This 5,008 SF lot is zoned T4-R in the NDR-2 UrbanCore Opportunity Zone,allowing up to 4 floors and approximately 17 rental units — with zero parking required to maximize buildable area (3 floors, 70% lot coverage).Currently improved with a 3-bedroom, 2-bath main home and a 1-bedroom, 1-bath guest unit, the property generates ~$120,000/year in combined rental income, offering immediate cash flow while you design and permit your project.Located in the heart of Wynwood, steps from the Design District,Edgewater, and Wynwood Walls, this site blends strong current returns with unmatched future development potential in one of Miami's fastest-growing cultural and residential hubs.
Location
State FL
County Miami-dade
Area 31
Direction Property located in Wynwood. 2 blocks West of Midtown Miami Shops on N Miami ave.
Interior
Flooring Ceramic Tile
Window Features Impact Glass
Exterior
Roof Type Barrel
Private Pool Yes
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 01-31-25-019-2600
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11841000