About This Property

Covered land play with a multifamily building in the heart of Wynwood. This is 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 houses a 2,620 SF multifamily structure configured into eight residential units, currently producing stable in-place income. With flexible T5-0 zoning, this site offers a unique opportunity to generate immediate cash flow while strategically land banking for future vertical development. As Wynwood continues to mature with new hospitality, residential, and commercial developments, 118 NW 24th Street is ideally positioned. Seller is motivated to sell. Willing to look at offers

Key Features

• 7,500 SquareFeet Lot
• Built in 1927

Property Details

• Type: Single Family Home
• Year Built: 1927
• Lot Size: 7,500 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 7,500 SquareFeet Lot
• Feature: Built in 1927
• Status: Active
• MLS Number: 1145905617
• Days on Market: 73
• Listed By: MLS Listing
• Zip Code: 33127