$1,199,000list price
Price cut$100,000
0 ba · 1,378 sq ft 2 to 4 units
3181 NW 5TH AVE, MIAMI, FL 33127
Listing courtesy of Luxe Properties. MLS# A11899888.On the MLS · Listed Oct 27
$1,195,000
243 NW 32ND ST, MIAMI, FL 33127
0 baths1,768 sq ft2 to 4 unitsBuilt 1947
Updated today, November 3, 2026This home against Old San Juan
$676 per sq ft, 31% under the Old San Juan median
143 days on the market
Price cut $100,000 since it was listed at $1,295,000
$9,429 in property taxes (2025)
Old San Juan today: 63 homes for sale, median list price $1,100,000.
About this home
Exceptional opportunity to acquire a fully renovated and fully furnished property in the rapidly growing Wynwood Norte neighborhood. Currently operated as a successful seasonal rental, the property enjoys strong occupancy and consistent booking activity, providing immediate income potential for the next owner. Beyond its current cash flow, the property benefits from desirable T4-R zoning, providing future redevelopment potential with a density of 18 units and additional long-term upside as the surrounding area continues to experience significant growth and investment. Located just minutes from Wynwood, Midtown, the Design District, Downtown Miami, and major transportation corridors, this property combines turnkey functionality, immediate income, and future development opportunities in one of Miami's most dynamic neighborhoods.
Zoned schools
Elementary: Eneida M. Hartner Elementary School
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Roberto Clemente Park, 0.2 mi
Grocery: Trader Joe's, 0.6 mi
Distances from the center of Old San Juan, MIAMI.
Listing courtesy of BZG International, LLC. MLS# A12037490.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed June 13, 2026.
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