Covered land play with a multifamily building in the
heart of Wynwood.
This is 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 houses a 2,620 SF multifamily
structure configured into eight residential units, currently producing stable in-place income.
With flexible T5-0 zoning, this site offers a unique opportunity to generate immediate cash flow while
strategically land banking for future vertical development. As Wynwood continues to mature with
new hospitality, residential, and commercial developments, 118 NW 24th Street is ideally positioned.
Seller is motivated to sell. Willing to look at offers
heart of Wynwood.
This is 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 houses a 2,620 SF multifamily
structure configured into eight residential units, currently producing stable in-place income.
With flexible T5-0 zoning, this site offers a unique opportunity to generate immediate cash flow while
strategically land banking for future vertical development. As Wynwood continues to mature with
new hospitality, residential, and commercial developments, 118 NW 24th Street is ideally positioned.
Seller is motivated to sell. Willing to look at offers
Property Details
Price:
$3,890,000
MLS #:
A11910118
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Nov 7, 2025
Total Sq Ft:
2,620
Year Built:
1927
See this Listing
Schools
Interior
Exterior
Financial
Taxes
$55,984
Map
Community
- Address118 NW 24th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
Market Summary
Current real estate data for Commercial in Miami as of Mar 06, 2026
987
Commercial Listed
193
Avg DOM
$1,328,374
Avg List Price
Property Summary
- 118 NW 24th St Miami FL is a Commercial for sale in Miami, FL, 33127. It is listed for $3,890,000
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