Prime Wynwood Development OpportunityLocated in the heart of Wynwood, this 5,000 sq ft lot is zoned T4-R under the City of Miami's Miami 21 code, allowing for medium-density residential development and the potential for a multi-story project, subject to final design, density calculations, parking requirements, and city approvals.The property currently consists of three existing units providing income while redevelopment plans are pursued. Ideal for a developer or investor seeking a residential project in a rapidly appreciating area near the Design District, Midtown, and Brickell.Buyer to verify zoning, allowable density, unit count, and development potential with the City of Miami.
| MLS # | A11943253 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 262 |
| Listing Provided By | Compass Florida, LLC | Louis Allen Wintters |
| SQ Feet | 1,890 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Zoning | 3900 |
| Acreage | 5000.00 |
| Tax Annual Amount | 8226 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 2310 |
| Community Name | NORTHERN BLVD TRACK |
| Listing VS Median (in NORTHERN BLVD TRACK) | |
Price: $1,350,000 low | high Med: $674,650 sqft: 1,890 low | high Med: 655 $ / sqft: $714 low | high Med: $1,041 On site: 262 low | high Med: 109.5 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 2310 |
| Community Name | NORTHERN BLVD TRACK |
| Listing VS Median (in NORTHERN BLVD TRACK) | |
Price: $1,350,000 low | high Med: $674,650 sqft: 1,890 low | high Med: 655 $ / sqft: $714 low | high Med: $1,041 On site: 262 low | high Med: 109.5 | |