14,000 SF Bldg + 89 Unit / 177 Key Dev. Site 2830 NW 5th Ave 14,000 SF Vacant Retail Building Miami, FL 33127 £9,210,481 (£657.89/SF)

Metro 1 Commercial exclusively presents for sale the property located at 2830 NW 5 Avenue, Miami, FL (“The Property”), with 17,160 SF of land zoned T6-8 O NRD-1 Zoning, which allows for up to 12 stories with bonuses, 89-unit/177-keys, and 164,736 buildable SF.
This site provides a unique opportunity to develop a mixed-use project with multi-family, condos, hotel, office, and retail in Wynwood, one of the world’s coolest neighborhoods according to Google, Vogue & Forbes.
The Property is ideally located along 5 Avenue along NW 29 Street. The Property benefits from its T6-8 O NRD-1 Miami 21 zoning designation, which allows for a wide variety of permitted uses by right including residential, lodging, commercial, office, civic and educational. The by-right residential density is 150 units per acre with a maximum of 225 units per acre permitted via bonus, which equates to 89 units / 177 keys, and 8 stories by-right, 12 stories with bonuses.