$1,350,000

120 NW 32nd St Miami, FL 33127

$10,000
Closing credit¹
1,654 sqft
$816 / sqft
Multi-Family

Property details

About 120 NW 32nd St

Investor and developer opportunity in the heart of Wynwood Norte. This multifamily duplex sits on a 7,200 sq ft lot zoned 3900 Multi-Family (T4-R), allowing up to 38–62 units per acre and offering strong redevelopment potential for up to approximately 15 units across four stories (subject to buyer verification). Currently configured as two 2-bedroom, 1-bath units, the property provides immediate rental income with long-term upside. Located just steps from Midtown Miami, the Design District, Wynwood Walls, and minutes from Downtown, Brickell, and major highways, this site is ideal for short-term rentals, future multifamily development, or boutique residential projects. All information must be independently verified by the buyer as part of their due diligence.

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size1,654 sqft
Year built1957
MLS #A11797016

Virtual tour

Summary

  • Flooring Type: Tile
  • Heating: Central
  • Cooling: Central Air
  • List Price: $1,350,000
  • Price/SqFt: $816
  • Annual Tax Amount: $13,799
  • Tax Year: 2023
  • Year Built: 1957
  • Stories: 1
  • Living Area: 1,654 SqFt
  • MLS Number: A11797016
  • MLS Name: SEFMIAMI
  • Office Name: Julies Realty, LLC
  • Office Phone: (786) 449-0023
  • Listing Agent: Milady Naranjo

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 4:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

bird's eye view with a view of city

$1,350,000

120 NW 32nd St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$1,008,823$13,799
2022$498,507$9,742
2021$230,884$9,742
2020$237,845$4,504

History based on county public records data.

Nearby schools

4

Eneida Massas Hartner Elementary School

Public District PK-5

0.3 mi

401 NW 29th St

6

Mater Academy of International Studies

Public Charter KG-5

0.7 mi

795 NW 32nd St

3

Paul Laurence Dunbar K-8 Center

Public District PK-5

0.8 mi

505 NW 20th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,928. The most common annual income of people living in Miami, FL is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

73%
<35k
26%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
18%
Single, with Kids
11%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Ross Dress For LessRoss Dress For Less
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Jack In The BoxJack In The Box
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Miami, FL

Miami's transportation infrastructure is designed to accommodate both residents and visitors. The city offers a variety of public transit options, including the Metrorail, Metromover, and Metrobus systems, with schedules that cater to commuters and those traveling within the city. Ride-sharing services are readily available, enhancing mobility for those who prefer not to drive. The city is also focused on improving walkability and bikeability, particularly in areas like Downtown and Miami Beach. Major highways such as I-95 and the Dolphin Expressway facilitate travel in and out of the city, with ongoing projects aimed at enhancing traffic flow and reducing congestion.

The community benefits from a well-rounded array of services, including a network of public and private schools that cater to a range of educational needs. Miami is home to several major hospitals, offering comprehensive healthcare services from emergency care to specialized treatments. The city's public library system is extensive, providing residents with access to a wealth of knowledge and resources. Retail and dining options abound, featuring everything from high-end boutiques to local eateries that serve up a taste of Miami's diverse culinary landscape.

Miami is celebrated for its dynamic cultural scene and lively atmosphere. The city prides itself on being a melting pot of cultures, which is reflected in its vibrant neighborhoods, each with its own unique flair. Annual events like the Calle Ocho Festival and Art Basel Miami Beach highlight the community's rich artistic heritage and diverse cultural identity.

Miami's housing market is vibrant and diverse, with a mix of luxurious high-rise condos, charming Art Deco apartments, and sprawling waterfront estates. Single-family homes, which make up a significant portion of the market, often showcase a blend of Mediterranean Revival and modern architectural styles. The city's homeownership rate is robust, with a substantial number of residents investing in property, while the remainder of the population opts for the flexibility of renting.

About 120 NW 32nd St

This home is located at 120 NW 32nd St in Miami, FL and zip code 33127. This 1,654 square foot home was built in 1957. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $1,350,000.

While more than 63 listings in Miami, FL in April 2025 were sold above asking price, there were more than 119 listings sold at asking price, and more than 593 were sold below. The inventory of homes for sale in Miami, FL between March and April 2025 increased by 9.2%. Listings spent 73 days on the market in April 2025, and had a median list price of $585,104 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources