Allapattah | West Of Wynwood Dev. Site. 3 Properties Offered at £2,708,965 in Miami, FL
INVESTMENT HIGHLIGHTS
- Walking Distance to Wynwood,Midtown & Design District
- Income Producing Property,
- 3 parcel Lot Assemblage
- Various development scenarios including LIVE LOCAL ACT
EXECUTIVE SUMMARY
This portfolio presents a 14,000 SF three-parcel assemblage with mixed use leasable space consisting of 7 unit duplex and office building located a block away from gateway into Wynwood’s Art & Entertainment District. With existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of West Of West, Allapatah District. Zoning allows to build upto 8 floors for a new build. Also zoned for Retail,Hotel-Inn, Bed & Breakfast, Offices, Industrial. Several significant new projects are located within only a block or two of the property. Short walk to Wynwood. 10 Min drive to Miami Beach, Downtown, Brickell. Prime Location and High visible traffic
PROPERTY FACTS
| Price | £2,708,965 |
| Price / SF | £979.03 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 2,767 SF |
| Total Land Area | 1.15 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 660 NW 29th St, Miami, FL 33127 | Multifamily | 1,887 SF | 1948 | - |
| 662 NW 29th St, Miami, FL 33127 | Flex | 400 SF | 1948 | - |
| 664 NW 29th St, Miami, FL 33127 | Retail | 480 SF | 1957 | - |
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