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• MLS® #: A11827380
• N/a
• Miami, FL 33127-4458
• $3,925,000
• 2,983 SqFt
• Income

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.

Facts About Miami, FL

Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.