MARKS SUB

118 NW 24th St, Miami FL 33127

For Sale · Active Listing

$3,425,000

Est. Payment $18,229/mo

MLS Sheet Video

Days on Market

Description

Wynwood land with a 8 plex generation income. T5-O - MIX USE COMMERCIAL (8/8 Studios in WYNWOOD) •Zoning: T5-O/NRD-1 • Lot Size 7,500SF •Covered Land Play property; Owner would receive income while working on development plans • Great opportunity for owner user or developer with all tenant leases up-to-date • Current income: Approx. $12,400/Month • Property includes 8 street parking spaces (City Decal) • New roof installed in '16 • WiFi network for all tenants • Central washer and dryer • Minutes to Miami Design District, Midtown, Allapattah, Miami beach, Downtown Miami and more

Facts

MLS#: A12047239
Subdivision: MARKS SUB
Property Type: Commercial Land
Property Sub Type: Income/MultiFamily
Year Built: —
Lot Size: 7,492 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 31 days
Listed: Jun 1, 2026
Last Updated: Jul 2, 2026
Price/Lot Sq.Ft.: $457/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).

6/1/2026

Listed for sale

$3,425,000

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

Location

118 NW 24th St, Miami FL 33127Directions

Estimated Monthly Payment

$21,233/mo

Principal & Interest

$18,229

Property Tax

$2,854

Insurance

$150

HOA

Down Payment20% ($685,000)

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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