266 NW 32nd St

Miami, FL 33127

$1,200,000

$894/ft²

2Beds

1Baths

1,343Sq ft

1938Year built

Single-family homeType

About this home

Development Opportunity in North Wynwood Oversized 7,100 SF lot zoned T4-R presents an exceptional investment and redevelopment opportunity within Miami’s Neighborhood Revitalization District (NRD-2). Ideally located within walking distance of Midtown’s shops, restaurants, and entertainment, the property offers potential development of up to 24 residential units across three stories with street parking, subject to NRD-2.The existing property can generate approximately $52,800 in annual rental income.

Property details

Listing

MLS #: A12059522
Status: For sale
Listed on: Jul 23, 2026
Days on market: 18 days
Listing data updated: Jul 28, 2026

Interior

Beds: 2
Baths: 1
Living area: 1,343 ft²
Price per ft²: $894/ft²

Building & community

Type: Single-family home
Year built: 1938
County: Miami-Dade

Lot & exterior

Lot size: 7,100 ft²

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $6,068
Property taxes (est.): $1,100
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$7,768*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?