Commercial property in Miami, Florida № 1966390

Property description

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.