Basic Information

  • MLS # A11827380
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex 118 Nw 24th St
  • Year Built 1927
  • Total Sqft 2,983
  • Date Listed 06/23/2025
  • Days on Market 26
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Other
  • Parking Description
  • Roof Description Other
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 2,983Sq.Ft
  • Cooling Description Other
  • Floor Description Tile
  • Heating Description None
  • Sqft 2,983 Sq.Ft

Property Features

  • Aprox. Lot Size 2,983
  • Architectural Style Fourplex
  • Association Fee Frequency Annually
  • City Miami
  • Construction Materials Other
  • County Miami- Dade
  • Furnished Info no
  • Levels One
  • Listing Terms Other
  • Lot Features Less Than Quarter Acre
  • Occupant Type Call Agent
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Miami
  • Public Survey Section One
  • Public Survey Township 1
  • Roof Other
  • Sewer Description Other
  • Stories 1
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info 118 Nw 24th St
  • Tax Amount $55,984
  • Tax Legal desc 255341 M A R K S S U B P B1-28 L O T16 B L K2 L O T S I Z E7500 S Q F T73 R-256923 O R21083-454409014 C O C26485-40560720084
  • Tax Year 2025
  • Terms Considered Other
  • Type of Property Quadruplex
  • Year Built Details Effective Year Built

Miami, FL 33127

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Gridline Properties. tel: 786-325-5647

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