About this Property

Exceptional investment and development opportunity in Wynwood Norte. This prominent 12,776 SF corner lot combines immediate income from a legal, stabilized 4-unit property with compelling future development potential. Zoned T4-R NRD-2, the site may allow up to 4 stories and approximately 40 residential units, or a potential mix of residential and commercial uses, subject to applicable regulations and buyer due diligence. An ideal opportunity to generate rental income while positioning for future redevelopment in one of Miami's most dynamic and evolving neighborhoods, surrounded by continued investment and residential growth. The property's corner location, substantial lot size and current income stream create a unique opportunity for developers and investors seeking flexibility, visibility and long-term upside. Located near major employment, dining, entertainment and cultural destinations, the site benefits from the continued transformation of the greater Wynwood area and strong demand for urban living. Its strategic location offers excellent connectivity to Downtown Miami, the Design District, Midtown and major transportation corridors, enhancing its appeal for future development. This is a rare chance to secure a sizable corner parcel in a high-growth urban neighborhood while benefiting from in-place income today. Detailed rent roll and expense information is available in the attached flyer. Drive by only; please respect tenant privacy and do not disturb occupants.

Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of DeMar Realty.