420 NW 32nd St, Miami FL 33127

$1,676,767

Description

Development opportunity in the heart of Wynwood. Property currently configured as a duplex but being marketed for its redevelopment potential. Existing structures are being sold in as-is condition with no representation as to current use or improvements. Situated on a 7,200 SF lot within a rapidly transforming corridor surrounded by new construction and major developments. Area may support multifamily development under current zoning overlays—buyer to verify zoning, density, and allowable uses. Lot dimensions are approximate and subject to verification. Ideal for investors or developers seeking to capitalize on Wynwood’s continued growth and strong demand. Property can generate income meanwhile the redevelopment process is being planned or pursued.

Listing courtesy of Maritza Borroto, Alterra Realty Group Inc · Updated 5/2/2026