$949,000

241 32nd St, Miami, FL 33127

Living area
1,708 ft²
Price per ft²
$556 / ft²
Type
Duplex
Year built
1955
On market
91 days on market
MLS #
A12041888

** OPPORTUNITY for " INVESTORS & DEVELOPERS" seeking IMMEDIATE RENTAL INCOME with future upside in one of Miami’s FASTEST-GROWING AREAS. Property has TWO RENOVATED 2-bedroom, 1-bath units, BOTH currently leased & Generating Rental Income "PLUS" an EXTRA Structure that can perhaps become another EXTRA Income. T4-R zoning with NRD-2 Overlay could offer Potential for Future Redevelopment (Buyers must independently verify zoning, land use & development regulations with the City of Miami). LOCATION: Strategically Positioned in a RAPIDLY EVOLVING Area surrounded by NEW constructions, Mixed-Use Projects, & SIGNIFICANT Public & Private Investment. Minutes from Wynwood Walls, Midtown Miami, D Design District, & Downtown. RARE OPPORTUNITY with STRONG Upside Potential, Future Growth, and long-term returns in one of Miami's Most Dynamic & Rapidly Expanding Neighborhoods. Seller's goal is 2 accept THE STRONGEST OFFER and Considering THE Investment Potential: Submit HIGHEST & BEST to Maximize YOUR Chances in what IS becoming a VERY Competitive Situation..

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $556. The median for recorded sales in the same ZIP codes is $901/ft² — putting it 38% below the median.
  • Position in the area’s price distributionThe asking price is $949,000; the median of recorded sales in the area is $1,200,000 (936 sales). On raw price that is 21% below the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33127, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$284,700
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$4,397
Loan amount
$664,300
Total interest over the term
$918,735
Total repaid
$1,583,035

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Realty One Group Evolution

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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