118 NW 24th St Miami, FL $ 3,950,000
118 NW 24th St
$ 3,950,000
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118 NW 24th St

Miami, FL, 33127
$ 3,950,000
Baths1.0 Sq 2,983

Monthly Estimate*

$ 24,321

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Studio

Multi-Family Home for sale in Miami, FL

for $3,950,000 with 1 full bath. This 2,983 square foot home was built in 1927.

Multifamily Investment (8/8 Studios in WYNWOOD - FOR SALE) •Zoning: T5-O/NRD-1 • Lot Size 7,500SF •Covered Land Play property; Owner would receive income while working on development plans • Great opportunity for owner user or developer with all tenant leases up-to-date • Current income: Approx. $12,400/Month • Property includes 8 street parking spaces (City Decal) • New roof installed in '16 • WiFi network for all tenants • Central washer and dryer • Minutes to Miami Design District, Midtown, Allapattah, Miami beach, Downtown Miami and more

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Multi-Family Active

Price

$ 3,950,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 56,717

Style

Year Built

1927

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11977900

Features
General
Sewer Public Sewer
Heating None
Cooling Wall/Window Unit(s)
Utilities Cable Available
Possession Closing & Funding
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1927
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2025
Community Features Laundry Facilities
County Miami-Dade
Net Operating Income 92050
Operating Expense 56717
Property Type Residential Income
Subdivision Name MARKS SUB
Rent Includes None
Full Baths 1
Status Active
City Miami
Zoning Description 6101
Number Of Units Total 8
MLS Area 30
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Effective Year Built
Tax Annual Amount 56717
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11977900
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 148800
Property Sub Type Additional Quadruplex
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
Interior Amenities Skylights
Flooring Concrete
Air Conditioning Y/N true
Heating Y/N false
Window Features Skylight(s)
Half Baths 0
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Fence
Lot Features < 1/4 Acre
Water Source Public
Total Parking 8
Building Area Total 2983
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Miami Residential Group

Broker

cuinndney@hotmail.com

Email

Affordability Calculator

$29,047
Per Month
84%
16%
0%
Monthly Principal & Interest
$24,321
Monthly Property Taxes
$4,726
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
Date Price Price Change Description
3/6/2026 $3,950,000 Listed Price

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118 NW 24th St, Miami, FL, 33127 is a Multi-Family Home for sale at $3,950,000 with 2,983 sqft. 118 NW 24th St is a studio with 1.0 baths and was built in 1927. The property's zip code is 33127 which is in Miami, FL