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118 NW 24th St Miami, FL $ 3,890,000
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$ 3,890,000 Get more info
118 NW 24th St
$ 3,890,000
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Share Save

118 NW 24th St

Miami, FL, 33127
$ 3,890,000
Bedrooms8 Baths8.0 Sq 2,620

Monthly Estimate*

$ 24,269

118 NW 24th St, Miami, FL 33127 - Image 1
118 NW 24th St, Miami, FL 33127 - Image 2
118 NW 24th St, Miami, FL 33127 - Image 3
118 NW 24th St, Miami, FL 33127 - Image 4
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Commercial Property for sale in Miami, FL

for $3,890,000 with 8 bedrooms and 8 full baths. This 2,620 square foot building was built in 1927.

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.

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Commercial Active

Price

$ 3,890,000

Bedrooms

8

Full Bath

8

Property Type

Commercial

Taxes

$ 55,984

Style

Year Built

1927

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11910118
Features
General
Year Built 1927
Property Subtype Multi Family
Building Name 118 NW 24th St
County Miami-Dade
Property Type Commercial Sale
Full Baths 8
Status Active
City Miami
Zoning Description 6101
Number Of Units Total 8
MLS Area 30
Lot Size Units Square Feet
Lot Size Square Feet 7500
Tax Annual Amount 55984
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11910118
Structure Type Multi Family
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Multi Family
Legal Description 25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4 COC 26485-4056 07 2008 4
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Interior
Total Bedrooms 8
Total Baths 0
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Exterior
Lot Size Area 7500
Building Area Total 2620
Covered Spaces 0
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* Excluded Features
List By
Gridline Properties

Broker

info@gridlineproperties.com

Email

Affordability Calculator

$28,934
Per Month
84%
16%
0%
Monthly Principal & Interest
$24,269
Monthly Property Taxes
$4,665
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/11/2025$3,890,000 Listed Price

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118 NW 24th St, Miami, FL, 33127 is a Commercial Property for sale at $3,890,000 with 2,620 sqft. 118 NW 24th St has 8 bedrooms, 8.0 baths, and was built in 1927. The property's zip code is 33127 which is in Miami, FL

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