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148 NW 28th St - 148 NW 28th St

0.13 Acres of Commercial Land Offered at £3,323,937 in Miami, FL 33127

Investment Highlights

  • The site provides developers with the potential to develop residential, commercial, or hospitality driven projects
  • Uses may include hotel, residential, restaurant, or office
  • Currently, the site allows for the development of up to 8 stories (with bonuses)

Executive Summary

Development site for sale in Wynwood’s Northeast Quadrant. The property offers developers with a unique opportunity to acquire a boutique site in one of Miami’s fastest growing corridors. The site provides developers with the potential to develop residential, commercial, or hospitality driven projects. Currently, the site allows for the development of up to 8 stories (with bonuses). Uses may include hotel, residential, restaurant, or office.
Additionally, the property currently houses a newly built, 1,620 SF free-standing retail building with a short-term tenant. Please inquire for more details about rent and financials.

Property Facts

Price £3,323,937
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hospitality
  • Hotel
Total Lot Size 0.13 AC

1 Lot Available

Lot

Price £3,323,937
Price Per AC £25,626,705
Lot Size 0.13 AC

The site provides developers with the potential to develop residential, commercial, or hospitality driven projects. Currently, the site allows for the development of up to 8 stories (with bonuses).

Description

Situated within Wynwood’s NRD-1 zoning overlay, the site provides an opportunity for buyers to join a successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies.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.

Walk Score ®
Walker's Paradise (96)
Bike Score ®
Very Bikeable (84)
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
01-3125-029-0600
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,490,058

zoning

Zoning Code T5-O (Wynwood NRD 1)
T5-O (Wynwood NRD 1)
  • Listing ID: 32168174

  • Date on Market: 18/06/2024

  • Last Updated:

  • Address: 148 NW 28th St, Miami, FL 33127

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