Asking
$1,175,000
BTC
14.977
ETH
508.74
Home Size
1,800 sq. ft.
Year Built
1937
Investment & Development Opportunity in Wynwood Norte
Seize a unique opportunity in the highly sought-after Wynwood Norte with this prime investment property. Strategically positioned near Wynwood, Midtown, and the Design District, this site offers immediate cash flow with massive future development upside.
Zoning & Development PotentialZoning: T4-R with the NRD-2 Zoning Overlay.
Density: Boasting 150 units per acre, allowing for the construction of up to 24 units by right.
Parking: Development can be completed without parking requirements.
Versatility: Alternatively, the site can be transformed into an upscale townhome development, benefiting from easy access to I-95.
Operational Highlights
Low Overhead: Tenants pay all utilities and maintenance, ensuring a streamlined operation for the owner.
Condition: The roof is in excellent shape—well-maintained with no leaks or issues.
Location & Market Growth
Nestled just south of the Design District and west of Midtown, Wynwood Norte is undergoing rapid growth following the expansion of Wynwood.
With over 6,000 residential units and 2 million square feet of office space in the immediate vicinity, this property is your chance to be part of the next big wave in Miami's dynamic real estate market.
Note: DO NOT DISTURB TENANTS.
LOADING
Location
Market Area
Miami-Dade
Neighborhood
WYND WOOD PARK
Agent
Martina Smolakova
+1 310 910 1722