NORTHERN BLVD TRACK

400 NW 32nd St, Miami FL 33127

Closed

$1,400,000

Est. Payment $7,451/mo

MLS Sheet Video

132

Days on Market

Description

MOTIVATED SELLER! Don't miss the competitively-priced covered land play in Wynwood Norte. This prime investment T-4R property with NRD-2 Zoning Overlay presents an exceptional chance to build up to 24 units as of right, without parking requirements. Also works as a luxury townhomes site. Strategically located near Wynwood, Midtown, Design District and flanked by the I-95 and I-195, it currently consists of two units—a front 2/2, and a rear 1/1. Rent both units for $5,000-$5,200/m while you develop plans. $62,500 per buildable unit. Needs TLC. No liens and No Violations! Renovate and use as 2 units in Airbnb for great returns OR build a 24-unit multifamily with no parking restrictions. Reach out to Robin Perez or Vicente Rodriguez for more information.

Facts

MLS#: A11732843
Subdivision: NORTHERN BLVD TRACK
Property Type: Land/Boat Docks
Property Sub Type: Residential
Year Built: —
Lot Size: 6,970 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 132 days
Listed: Jan 8, 2025
Last Updated: May 28, 2025
Price/Lot Sq.Ft.: $201/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/28/2025	Sold	$1,400,000
1/8/2025	Listed for sale	$1,400,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

400 NW 32nd St, Miami FL 33127Directions

Estimated Monthly Payment

$8,768/mo

Principal & Interest

$7,451

Property Tax

$1,167

Insurance

$150

HOA

Down Payment20% ($280,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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