234 NW 32nd Ave, Miami, FL, 33125
About This Home
Exceptional multifamily investment opportunity in one of Miami's fastest-growing neighborhoods! Whether you're looking to build wealth through rental income or live in one unit while the second unit helps offset your mortgage, this property offers the perfect combination of flexibility, cash flow, and long-term appreciation. Ideally located just minutes from Wynwood, Midtown Miami, the Design District, Downtown Miami, Brickell, and Miami Beach, this property places you at the center of Miami's vibrant lifestyle. Enjoy quick access to Miami International Airport, the Health District, Jackson Memorial Hospital, the University of Miami Hospital, and major employment centers, making it highly desirable for both homeowners and tenants. Commuting is effortless with immediate access to I-95, SR-836 (Dolphin Expressway), I-195, and other major transportation corridors, connecting you to the entire South Florida region.
Getting Around
Somewhat Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1948
Materials
- Foundation: Raised
- Roof: Barrel Roof,Concrete,Other
- Construction materials: CBS Construction,Composition Shingle
Type & Style
- Home type: MultiFamily
- Architectural style: Old Spanish
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 3
Features
- Flooring: Ceramic Tile,Other,Vinyl
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air,Wall/Window Unit(s)
Interior Area
- Total structure area: 2,800
- Total interior livable area: 2,128 sqft
Property
Details
- Parcel number: 0141040241310
- Zoning: 5700
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Parking
- Total spaces: 5
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
- Lightning
- 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 | $5,000 | $60,000 |
| Home Insurance * | $307 | $3,684 |
| Property Taxes | $1,823 | $21,876 |
| Electricity | $214 | $2,569 |
| Total | $7,344 | $88,128 |
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 |
|---|---|---|
| 2026-08-12 | Price change | $985,000 |
| 2026-08-01 | Listed for sale | $989,000 |
| 2024-08-01 | Listing removed | -- |
| 2024-07-09 | Pending sale | $569,000 |
| 2024-04-12 | Listed for sale | $569,000 |
| 2023-10-05 | Listing removed | -- |
| 2023-08-10 | Listed for sale | $399,999 |
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