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Multi-Family

Wynwood Norte Land

145 NW 35th St, Miami, FL 33127

Listing Price: $5,200,000

Lot Size
0.34 acres
Price/Acre
$15,100,800
Land Type
Land
Buildable Square Feet
72,000

Investment Overview

Marcus & Millichap is proud to present a unique development opportunity located in Wynwood, Florida. This development opportunity is situated on a parcel totaling 0.34-acres (or 15,000 square feet) of land zoned NRD-2 under the Wynwood Norte community Vision Plan. This investment sale is fully approved for 51 residential units. There are multiple benefits to the new NRD-2 zoning which can increase the value of any potential development in this parcel. The current zoning allows the owner to develop a property with a wide range of uses, including but not limited to, residential, short-term rental, hospitality, office and retail. Parking on-site is not required due to the city promoting walkability throughout Wynwood Norte, although parking must be allotted through the Parking Trust Fund within 1,000 ft from the nearest point on the parcel of land. The investor will be allowed to build up to six stories. This development opportunity is in the heart of Wynwood, one of Miami’s thriving commercial markets famous for being the epicenter of the Arts and Urban lifestyles. With proximity to Interstate-95, interstate-195 and Miami International Airport, this property possesses great access throughout Miami Dade County. This property is within walking distance to the Miami Design District, Midtown, Downtown Miami, and Edgewater.

Investment Highlights

  • Excellent Location in an Exploding Wynwood Market
  • Robust Demographics
  • Zoned NRD-2
  • Due to the new zoning, no on-site parking is required
  • Walking Distance to Design District, Shops at Midtown, Edgewater

Exclusively Listed By

Financing By

Multi-Family

Wynwood Norte Land

Listing Price: $5,200,000

Lot Size
0.34 acres
Price/Acre
$15,100,800
Land Type
Land
Buildable Square Feet
72,000

Investment Highlights

  • Excellent Location in an Exploding Wynwood Market
  • Robust Demographics
  • Zoned NRD-2
  • Due to the new zoning, no on-site parking is required
  • Walking Distance to Design District, Shops at Midtown, Edgewater

Investment Overview

Marcus & Millichap is proud to present a unique development opportunity located in Wynwood, Florida. This development opportunity is situated on a parcel totaling 0.34-acres (or 15,000 square feet) of land zoned NRD-2 under the Wynwood Norte community Vision Plan. This investment sale is fully approved for 51 residential units. There are multiple benefits to the new NRD-2 zoning which can increase the value of any potential development in this parcel. The current zoning allows the owner to develop a property with a wide range of uses, including but not limited to, residential, short-term rental, hospitality, office and retail. Parking on-site is not required due to the city promoting walkability throughout Wynwood Norte, although parking must be allotted through the Parking Trust Fund within 1,000 ft from the nearest point on the parcel of land. The investor will be allowed to build up to six stories. This development opportunity is in the heart of Wynwood, one of Miami’s thriving commercial markets famous for being the epicenter of the Arts and Urban lifestyles. With proximity to Interstate-95, interstate-195 and Miami International Airport, this property possesses great access throughout Miami Dade County. This property is within walking distance to the Miami Design District, Midtown, Downtown Miami, and Edgewater.

Exclusively Listed By

Financing By

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