Rare Residential Income Triplex Opportunity in Wynwood Norte, Miami. Located in the sought-after WYND WOOD PARK subdivision of Miami-Dade County, this detached 1938 property presents a compelling opportunity for investors, developers, and owner-occupants seeking both immediate income potential and long-term upside. Situated on an approximately 10,000-square-foot double lot, this Residential Income triplex offers approximately 2,280 square feet of living area in one of Miami’s most dynamic urban growth corridors.
The property currently includes two existing structures: a two-story duplex and a separate single-family residence, creating a flexible three-unit configuration. Investors may continue operating the existing improvements for rental income, renovate and reposition the residences for enhanced returns, or live in one home while generating income from the remaining units. Comfort features include central air conditioning, electric cooling, wall/window units, central and electric heating, and window/wall heating.
Positioned at 255 NW 32nd St, Miami FL 33127, the property is zoned T4-R with the NRD-2 Overlay, offering exceptional redevelopment potential. Subject to all applicable zoning, planning, and governmental approvals, the site may offer the possibility to develop up to 36 residential units. This makes it an attractive option as a covered land play, long-term land bank, value-add renovation, future multifamily development site, or potential assemblage opportunity with neighboring parcels.
Enjoy a strategic location just minutes from Wynwood, Midtown Miami, the Miami Design District, and major transportation routes including I-95 and I-195. The surrounding area benefits from walkability, strong rental demand, ongoing public and private investment, acclaimed restaurants, galleries, boutiques, nightlife, and creative business activity. Miami living also means year-round sunshine, warm tropical weather, world-famous beaches, waterfront recreation, international culture, professional sports, and convenient access to Miami International Airport and the region’s expanding transportation infrastructure.
Discover the investment potential of this Wynwood Norte triplex and redevelopment opportunity. For additional details or to schedule a private showing, call or message +1 786.468.4380 (Tel/WhatsApp) today.
