1624 NW 32nd St, Miami, FL 33142

$499,000 Asking Price

2 beds
1 bath
1,898  sqft
Built in 1925

This single-family home, located just off 17th Avenue and a few blocks from Miami's crucial NW 36th Street corridor, offers an excellent land banking opportunity. NW 36th Street is a key thoroughfare that connects Miami from east to west, stretching from the Everglades to the Sharks. The property is currently rented below market value at $1,500 per month, providing steady income while you await design and plan approvals for future development. The lot size is 4,950 sq ft and is zoned T68-O, allowing for the construction of up to 8 stories and 17 units by right, with commercial or retail space on the first level. Please do not disturb the tenants. For more information, contact Miguel.

Features & Amenities

Interior

General:
First Floor Entry, Family Room
Laundry:
Washer/Dryer Hook-Up
Flooring:
Tile
A/C:
true, Wall/Window Unit(s)
Heating:
true, Window/Wall

Exterior

General:
Fruit Trees
Style:
Attached, One Story
Parking:
Driveway

Construction

Roofing:
Flat Roof With Facade Front
General:
Frame With Stucco

Location

Originating MLS:
Miami Association of REALTORS®
County:
Miami-Dade County

Lot

Zoning:
6100, ALLAPATTAH MANORS SUB PB 15-76 LOT 5 BLK 4 LOT SIZE 4950 SQ FT OR 13225-544 0387 5 COC 21507-0722 07 2003 1, 01-31-26-022-0330
View:
None
Fencing:
Fenced

Utilities

Water:
Municipal Water
Sewer:
Septic Tank

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
Fausto Commercial Realty Consultants Inc, Miguel Fuentes

About Miami, FL

Housing

Number of Units
711,975
Median Home Value
$380,974
Median Rent
$1,338

49.94% of housing units are renter occupied.

8.26% are vacant.

Commute

Car
71.69%
Public Transportation
3.80%
Walk to Work
1.60%
Work from Home
21.37%
Other
1.11%

The median travel time to work is 29 minutes.

People

Population
1,830,481
Median Age
41.50
Median Household Size
2.91

Education

High School
24.77%
Associate’s Degree
8.99%
Bachelor’s Degree
21.60%
Graduate Degree
13.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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