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Multi Family - 118 NW 24TH ST for Sale

S FORE, MIAMI, FL 33127

Asking Price$3,890,000 Change Price$25,000

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  • Days on market:

    65 day(s)
  • Adjusted Area:

    715 sqft
  • Original Price:

    $3,950,000
  • Price per sqft:

    $1304.06
  • Tax Legal Description:

    25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4 COC 26485-4056 07 2008 4
  • Tax Year:

    2025
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Construction Type:

    Other
  • Roof:

    Other
  • Cooling Description:

    Other
  • Heating Description:

    None
  • Floor Description:

    Tile
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    Other

Description

$3,890,000 • living size area 2983 sqft

Covered land play with in-place multifamily income in the heart of wynwood gridline properties is proud to present 118 nw 24th street—an exceptional covered land investment located in the urban core of wynwood, one of miami’s most transformative neighborhoods. situated on a 7,500 sf lot, the property is improved with a 2,620 sf multifamily structure configured into eight residential units, currently producing stable in-place income. with flexible t5-o zoning, this site offers a unique opportunity to generate immediate cash flow while strategically land banking for future vertical development.118 nw 24th street is ideally positioned for future repositioning or redevelopment up to five stories, with a mix of residential, retail, or short-term rental uses.

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