1499 NW 32nd Street, Miami, FL 33142

$1,100,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11849114

Property Type: Residential Income Square Footage: 3,886 Status: Active Under Contract

Current Price: $1,100,000 List Date: 8/01/2025 Last Modified: 10/20/2026

Overview

Description

Exceptional investment opportunity featuring two duplex buildings with a total of four residential units. This property is classified as a nonconforming zoning T3-O offering unique flexibility and potential for the right investor. All units are situated on one parcel and may be sold together, creating a rare chance to acquire a multi-unit income-producing asset in a single transaction.Ideal for investors seeking to expand their portfolio, this property presents strong rental income potential and long-term upside. Whether you’re looking to generate immediate cash flow or reposition for future appreciation, this offering provides versatility and value in a competitive market.

Listing Details MLS# A11849114

General Property Information

Number Of Units Total: 4
Property Sub Type: Duplex
Building Area Main: 3886
Living Area Main: 3665
Adjusted Area Main: 2555
Year Built: 1930
Parking Total: 4
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: None Flooring: Other Structure Type: Duplex Construction Materials: Concrete Block - No Stucco Cooling: Other Heating: Other Listing Terms: Cash; Other Possession: Close Of Escrow Roof: Other Sewer: Public Sewer Tax Information: City/County Utilities: Cable Not Available Showing Requirements: Call Listing Agent Unit 1 Parking Features: Other Unit 2 Parking Features: Other Unit 3 Parking Features: Other Unit 4 Parking Features: Other Contingencies: None

Contract Information

Comp Sale YN: No
Original List Price: 1100000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1499
Street Direction Prefix: NW
Street Name: 32nd
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33142
Postal Code +4: 6146
Postal Zip: 33142
Subdivision Name: ALLAPATTAH MANORS SUB
Area: 2310
Elementary School: Maya Angelou
Middle Or Junior School: Georgia Jones-Ayers
High School: Miami Jackson
Parcel Number: 0131260220100
Subdivision Number: 22
Zoning: 5700
Flood Zone: AE

Financial Information

Tax Annual Amount: 4493
Tax Year: 2024
Tax Legal Description: ALLAPATTAH MANORS SUB PB 15-76 LOT 1 & W5FT LOT 2 BLK 2 LOT SIZE 55.000 X 1100 OR 10846-1683 0880 1

Status Change Information

Major Change Timestamp: 2026-06-10T16:31:42Z
Major Change Type: Status Change
Status Change Date: 2026-06-10
Under Contract Type: Active Under Contract
Under Contract Date: 2026-06-10

More Information

Income and Expenses

Gross Income: 6500

Unit 1 Details

Actual Rent: 2000
Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Occupant Type: Vacant

Unit 2 Details

Actual Rent: 1500
Baths Full: Yes
Efficiency YN: No

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 1500
Baths Full: Yes
Efficiency YN: No

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 1500
Baths Full: Yes
Efficiency YN: No

Unit 4 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 300.13

Section Details

Parcel Number MLX: 0100

Originating Details

Originating System Key: 418583619
Originating System ID: M00000151

Listing Office: The Keyes Company

Last Updated: October - 20 - 2026

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1499 NW 32nd Street, Miami, FL 33142 (MLS# A11849114)