92 NW 27th st - 92-98 NW 27th St
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92 NW 27th st - 92-98 NW 27th St
0.24 Acres of Commercial Land Offered at £6,098,788 in Miami, FL 33127
Investment Highlights
- Ideal corner lot location
- Proposed 71-unit luxury hotel/short-term lodging project
- Allowing Development of up to 5 stories
Executive Summary
Development site for sale, in Wynwood’s Northeast Quadrant. The subject property offers developers with a unique opportunity to acquire a corner site in one of Miami’s fastest-growing corridors.
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 the ability to develop a residential or short-term lodging project. Currently, the site allows for the development of up to 5 stories, 36 residential units, or 71 hotel/short-term rentals. The sale may also include the plans and intellectual property for a proposed 71-unit luxury hotel/short-term lodging project.
Additionally, its location along 1st Avenue fronts the proposed Wynwood Woonerf and provides for a compelling retail frontage. 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.
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 the ability to develop a residential or short-term lodging project. Currently, the site allows for the development of up to 5 stories, 36 residential units, or 71 hotel/short-term rentals. The sale may also include the plans and intellectual property for a proposed 71-unit luxury hotel/short-term lodging project.
Additionally, its location along 1st Avenue fronts the proposed Wynwood Woonerf and provides for a compelling retail frontage. 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 Facts
1 Lot Available
Lot
| Price | £6,098,788 | Lot Size | 0.24 AC |
| Price Per AC | £25,628,389 |
| Price | £6,098,788 |
| Price Per AC | £25,628,389 |
| Lot Size | 0.24 AC |
Ideal corner site in one of Miami's most rapidly evolving districts. Located in Wynwood's NRD-1 zoning overlay.
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Walk Score ®
Walker's Paradise (97)
Bike Score ®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £0 | Total Assessment | £2,065,127 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£2,065,127
zoning
| Zoning Code | T5-L- Wynwood NRD 1 (Redevelopment zone) |
| T5-L- Wynwood NRD 1 (Redevelopment zone) |
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Alfredo Riascos -
Mateo Romero -
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92 NW 27th st - 92-98 NW 27th St
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