2721 NW 1st Avenue - Wynwood First Avenue Assemblage
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2721 NW 1st Avenue - Wynwood First Avenue Assemblage
0.39 Acres of Commercial Land Offered at $12,712,500 in Miami, FL 33127
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 sectors.
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 assemblage offers developers with the ability to develop residential, short-term lodging projects, or a mixed-
use project. The site allows for the development of up to 5-8 stories, 99 residential units, or 198 hotel/short term
rentals.
Additionally, the property is ideally located along the avenue, which provides a development with ample retail
frontage facing the proposed Wynwood Woonerf. Retail spaces facing 1 st avenue will have excellent retail potential
and garner premium rental rates.
The location also 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 assemblage offers developers with the ability to develop residential, short-term lodging projects, or a mixed-
use project. The site allows for the development of up to 5-8 stories, 99 residential units, or 198 hotel/short term
rentals.
Additionally, the property is ideally located along the avenue, which provides a development with ample retail
frontage facing the proposed Wynwood Woonerf. Retail spaces facing 1 st avenue will have excellent retail potential
and garner premium rental rates.
The location also 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
| Price | $12,712,500 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.39 AC |
| Price | $12,712,500 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.39 AC |
1 Lot Available
Lot
| Price | $12,712,500 | Lot Size | 0.39 AC |
| Price Per AC | $32,670,038 |
| Price | $12,712,500 |
| Price Per AC | $32,670,038 |
| Lot Size | 0.39 AC |
The assemblage offers developers with the ability to develop residential, short-term lodging projects, or a mixed-use project. The site allows for the development of up to 5-8 stories, 99 residential units, or 198 hotel/short term rentals. rentals.
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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 | $3,143,038 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,143,038
zoning
| Zoning Code | T5-O | T5-L (Mixed-Use) |
| T5-O | T5-L (Mixed-Use) |
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2721 NW 1st Avenue - Wynwood First Avenue Assemblage
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