118 NW 24th St, Miami, FL, 33127
About This Home
Multifamily Investment (8/8 Studios in WYNWOOD - FOR SALE) •Zoning: T5-O/NRD-1 • Lot Size 7,500SF •Covered Land Play property; Owner would receive income while working on development plans • Great opportunity for owner user or developer with all tenant leases up-to-date • Current income: Approx. $12,400/Month • Property includes 8 street parking spaces (City Decal) • New roof installed in '16 • WiFi network for all tenants • Central washer and dryer • Minutes to Miami Design District, Midtown, Allapattah, Miami beach, Downtown Miami and more
Getting Around
Walker's Paradise
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1927
Materials
- Roof: Shingle
- Construction materials: Concrete Block Construction
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Bedrooms & Bathrooms
- Bathrooms: 1
Features
- Window features: Skylight(s)
- Flooring: Concrete
Heating & Cooling
- Heating features: None
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 2,983
- Total interior livable area: 2,983 sqft
Property
Details
- Parcel number: 0131250370420
- Zoning: 6101
Features
- Stories: 1
- Fencing: Fenced
Lot
- Features: Less Than 1/4 Acre Lot
Parking
- Total spaces: 8
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $17,065 | $204,780 |
| Home Insurance * | $824 | $9,888 |
| Property Taxes | $2,278 | $27,336 |
| Electricity | $300 | $3,602 |
| Total | $20,467 | $245,604 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Price change | $3,500,000 |
| 2026-04-17 | Price change | $3,845,000 |
| 2026-04-15 | Price change | $3,850,000 |
| 2026-03-30 | Price change | $3,895,000 |
| 2026-03-25 | Price change | $3,925,000 |
| 2026-03-06 | Listed for sale | $3,950,000 |
| 2024-12-13 | Listing removed | $4,150,000 |
| 2024-10-18 | Listed for sale | $4,250,000 |
| 2022-12-01 | Listing removed | -- |
| 2022-07-20 | Listed for sale | $4,100,000 |
| 2022-07-01 | Listing removed | -- |
| 2022-03-08 | Listed for sale | $4,100,000 |
| 2022-03-01 | Listing removed | -- |
| 2021-12-09 | Price change | $4,250,000 |
| 2021-07-26 | Listed for sale | $5,000,000 |
| 2021-07-01 | Listing removed | -- |
| 2021-03-12 | Listed for sale | $4,750,000 |
| 2020-10-27 | Listing removed | $4,500,000 |
| 2020-08-26 | Listed for sale | $4,500,000 |
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