2721-2727 NW 1st ave - 2721-2727 NW 1st Ave
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2721-2727 NW 1st ave - 2721-2727 NW 1st Ave
0.26 Acres of Commercial Land in Miami, FL 33127
INVESTMENT HIGHLIGHTS
- The Seller will consider JV Opportunities and other deal structures.
- Possibility to Assemble neighboring sites.
EXECUTIVE SUMMARY
Development site for sale, in Wynwood’s Northeast Quadrant. The subject property offers developers with a unique opportunity to acquire a corner site in one of Miami’s fastest growing corridors.
Situated within Wynwood’s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a
successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies.
The corner lot offers developers with the ability to develop residential, commercial, or hospitality driven projects.
Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel
keys as of right. Alternatively, the site can also be developed as a commercial project that accommodates Office or Hospitality driven projects.The sale may also include the plans and intellectual property for a proposed 37-unit luxury residential condo
project that is close to being fully approved and permitted.
Additionally, its location offers immediate access to major transportation arteries and public transportation.
Overall, this property presents an exciting opportunity for developers looking to enter the Wynwood market and
would like to take advantage of the area’s thriving environment.
Situated within Wynwood’s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a
successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies.
The corner lot offers developers with the ability to develop residential, commercial, or hospitality driven projects.
Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel
keys as of right. Alternatively, the site can also be developed as a commercial project that accommodates Office or Hospitality driven projects.The sale may also include the plans and intellectual property for a proposed 37-unit luxury residential condo
project that is close to being fully approved and permitted.
Additionally, its location offers immediate access to major transportation arteries and public transportation.
Overall, this property presents an exciting opportunity for developers looking to enter the Wynwood market and
would like to take advantage of the area’s thriving environment.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 0.26 AC |
| Lot Size | 0.26 AC |
Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel keys as of right.
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Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $3,572,258 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,572,258
ZONING
| Zoning Code | T5-O Wynwood NRD 1 (Commercial Business) |
| T5-O Wynwood NRD 1 (Commercial Business) |
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2721-2727 NW 1st ave - 2721-2727 NW 1st Ave
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