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2701 NW 5th Ave - The Wynwood 5th Avenue Development - North

0.72 Acres of Commercial Land Offered at $25,000,000 in Miami, FL 33127

Investment Highlights

  • Prime 5th Avenue location with high foot traffic and visibility
  • Book-End Cross-Block On Main Avenue with 3 Frontages
  • Set in a Global Destination within Wynwood’s Thriving Pedestrian District
  • Located Between 545 Wyn and Nomad Residences with Casa Tua
  • High Density Multi-Family as of right Upzone Eligible With The Live Local Act

Executive Summary

DWNTWN Realty Advisors is exclusively marketing 2701 NW 5th Avenue, a prime 31,250 SF urban infill development site in Wynwood,
Miami’s high-growth, pedestrian-friendly district. This site, zoned Wynwood NRD T5-O, is ideal for mixed-use, allowing for 8 stories
and up to 161 multifamily units with bonuses, or even more under the Live Local Act (LLA). The location boasts high foot traffic on
Wynwood’s largest tree-lined corridor, surrounded by ongoing and planned developments, solidifying its position in this dynamic
neighborhood.

Property Facts

Price $25,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
Total Lot Size 0.72 AC

1 Lot Available

Lot

Price $25,000,000
Price Per AC $34,848,014
Lot Size 0.72 AC

Ideal for mixed-use, allowing for 8 stories and up to 161 multifamily units with bonuses, or even more under the Live Local Act (LLA)

Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-3125-032-0530
  • 01-3125-032-0590
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$11,885,627

zoning

Zoning Code Wynwood NRD T5-O (Wynwood NRD T5-O)
Wynwood NRD T5-O (Wynwood NRD T5-O)
  • Listing ID: 33475091

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 2701 NW 5th Ave, Miami, FL 33127

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