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2701 NW 5th Ave - The Wynwood 5th Avenue Development - North 0.72 Acres of Commercial Land Offered at £18,694,384 in Miami, FL 33127
INVESTMENT HIGHLIGHTS
- Prime 5th Avenue location with high foot traffic and visibility
- Book-End Cross-Block On Main Avenue with 3 Frontages
- Set in a Global Destination within Wynwood’s Thriving Pedestrian District
- Located Between 545 Wyn and Nomad Residences with Casa Tua
- High Density Multi-Family as of right Upzone Eligible With The Live Local Act
EXECUTIVE SUMMARY
DWNTWN Realty Advisors is exclusively marketing 2701 NW 5th Avenue, a prime 31,250 SF urban infill development site in Wynwood,
Miami’s high-growth, pedestrian-friendly district. This site, zoned Wynwood NRD T5-O, is ideal for mixed-use, allowing for 8 stories
and up to 161 multifamily units with bonuses, or even more under the Live Local Act (LLA). The location boasts high foot traffic on
Wynwood’s largest tree-lined corridor, surrounded by ongoing and planned developments, solidifying its position in this dynamic
neighborhood.
Miami’s high-growth, pedestrian-friendly district. This site, zoned Wynwood NRD T5-O, is ideal for mixed-use, allowing for 8 stories
and up to 161 multifamily units with bonuses, or even more under the Live Local Act (LLA). The location boasts high foot traffic on
Wynwood’s largest tree-lined corridor, surrounded by ongoing and planned developments, solidifying its position in this dynamic
neighborhood.
PROPERTY FACTS
| Price | £18,694,384 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Plots | 1 | Total Plot Size | 0.72 ac |
| Property Type | Land | ||
| Use Class | Wynwood NRD T5-O - Wynwood NRD T5-O | ||
| Price | £18,694,384 |
| Sale Type | Investment |
| No. Plots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Plot Size | 0.72 ac |
| Use Class | Wynwood NRD T5-O - Wynwood NRD T5-O |
1 PLOT AVAILABLE
Plot
| Price | £18,694,384 | Total Plot Size | 0.72 ac |
| Price Per ac | £26,058,486.67 |
| Price | £18,694,384 |
| Price Per ac | £26,058,486.67 |
| Total Plot Size | 0.72 ac |
Ideal for mixed-use, allowing for 8 stories and up to 161 multifamily units with bonuses, or even more under the Live Local Act (LLA)
1 1
Walk Score®
Excellent pedestrian access (94)
Bike Score®
Good for cycling (81)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £0 | Total Assessment | £9,577,461 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£9,577,461
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2701 NW 5th Ave - The Wynwood 5th Avenue Development - North
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