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320 NW 29th St - Wynwood Prime lot on 29th St

0.16 Acres of Commercial Land Offered at $4,950,000 in Miami, FL 33127

Investment Highlights

  • Excellent Exposure
  • Develop For Personal or Investment Use
  • Adjacent to Dorsey Wynwood

Executive Summary

Located in Miami's vibrant Wynwood neighborhood, this 7,000 square foot vacant lot on NW 29th Street provides an exceptional opportunity for commercial development. Situated on the south side of a four-lane main thoroughfare, the property is zoned T6-8-O, making it ideal for a variety of uses, including office, retail, dining or mixed-use projects. Surrounded by several new development projects, the property benefits from its prime location within walking distance to an array of shops, galleries and eateries. Its proximity to The Dorsey apartment building further enhances its appeal, offering businesses the advantage of high foot traffic from local residents. Additionally, SB101 and Live Local initiatives can be applied to this property, providing opportunities for increased density and greater development potential. This lot represents a unique opportunity to establish a presence in one of Miami's most sought-after neighborhoods.

Property Facts

Price $4,950,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Apartment Units - Condo
  • General Freestanding
Total Lot Size 0.16 AC

1 Lot Available

Lot

Price $4,950,000
Price Per AC $30,802,738
Lot Size 0.16 AC

JUST LISTED | WYNWOOD DEVELOPMENT SITE | 7,000 SF | T6-8-O: Zoning allows for 150 units per acre as per right. Bonus density can be achieved via Live Local SB-102 or various other applications.

Description

Lot size 140' X 50' on 4 lane NW 29th Street. Located in Miami's vibrant Wynwood neighborhood, this 7,000 square foot vacant lot on NW 29th Street provides an exceptional opportunity for commercial development. Situated on the south side of a four-lane main thoroughfare, the property is zoned T6-8-O, making it ideal for a variety of uses, including office, retail, dining or mixed-use projects. Surrounded by several new development projects, the property benefits from its prime location within walking distance to an array of shops, galleries and eateries. Its proximity to The Dorsey apartment building further enhances its appeal, offering businesses the advantage of high foot traffic from local residents. Additionally, SB101 and Live Local initiatives can be applied to this property, providing opportunities for increased density and greater development potential. This lot represents a unique opportunity to establish a presence in one of Miami's most sought-after neighborhoods.

Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (82)
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 Number
01-3125-024-2820
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$419,402

zoning

Zoning Code T6-8-O (150 units per acre - by right of use.)
T6-8-O (150 units per acre - by right of use.)
  • Listing ID: 32096794

  • Date on Market: 6/11/2024

  • Last Updated:

  • Address: 320 NW 29th St, Miami, FL 33127

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