This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2721-2727 NW 1st ave - 2721-2727 NW 1st Ave
0.26 Acres of Commercial Land Offered at £6,647,875 in Miami, FL 33127
Investment Highlights
- 39 Allowable Residential Units
- 78 Allowable Lodging Units
Executive Summary
Situated within Wynwood’s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a
successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies.
The corner lot offers developers with the ability to develop residential, commercial, or hospitality driven projects.
Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel
keys as of right. Alternatively, the site can also be developed as a commercial project that accommodates Office or Hospitality driven projects.The sale may also include the plans and intellectual property for a proposed 37-unit luxury residential condo
project that is close to being fully approved and permitted.
Additionally, its location offers immediate access to major transportation arteries and public transportation.
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.
Opportunity to assemble next door lot for a total of 16,950 SF.
Property Facts
1 Lot Available
Lot
Price | £6,647,875 | Lot Size | 0.26 AC |
Price Per AC | £25,626,705 |
Price | £6,647,875 |
Price Per AC | £25,626,705 |
Lot Size | 0.26 AC |
Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel keys as of right.
Description
Its location offers immediate access to major transportation arteries and public transportation. 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
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £0 | |
Land Assessment | £0 | Total Assessment | £2,802,650 |
PROPERTY TAXES
zoning
Zoning Code | T5-O Wynwood NRD 1 (Commercial Business) |
T5-O Wynwood NRD 1 (Commercial Business) |
Presented by
2721-2727 NW 1st ave - 2721-2727 NW 1st Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.