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Miami,FL 33127
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,983 sqft
Price per Sqft $1,324
Subdivision 118 Nw 24Th St
MLS Listing ID A11827380
Style Fourplex
Year Built 1927
Annual Tax Amount $55,984
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
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.
Location
State FL
County Miami-dade
Community 118 Nw 24Th St
Area 30
Interior
Heating None
Cooling Other
Flooring Tile
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Other
Building
Lot Description < 1/4 Acre
Story 1
Sewer Other
Structure Type Other
Others
Acceptable Financing Other
Listing Terms Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11827380