2721 NW 1st Avenue - Commercial LAND FOR SALE


Miami, FL 33127 16,949 SF
$12,712,500 USD
305-507-7098
2721 NW 1st Avenue, Miami, FL for Sale
$12,712,500 USD
Commercial LAND - FOR SALE
1/3
16,949 SF

2721 NW 1st Avenue
Miami, FL 33127


OVERVIEW

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 sectors. 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 assemblage offers developers with the ability to develop residential, short-term lodging projects, or a mixed- use project. The site allows for the development of up to 5-8 stories, 99 residential units, or 198 hotel/short term rentals. Additionally, the property is ideally located along the avenue, which provides a development with ample retail frontage facing the proposed Wynwood Woonerf. Retail spaces facing 1 st avenue will have excellent retail potential and garner premium rental rates. The location also offers immediate access to major transportation arteries and public transportation. 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.

FOR SALE DETAILS

PRICE

$12,712,500 USD

PRICE/ACRE

$32,670,000/AC

PRICE/SF

$750 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Wynwood First Avenue Assemblage

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use

LAND ACRES

0.39 AC

LAND SF

16,950 SF

OFFSITE IMPROVEMENTS

-

ZONING

T5-O | T5-L

APN/PARCEL ID

01-3125-029-0790,01-3125-029-0800,01-3125-029-0810

ASK ABOUT THIS PROPERTY

Alfredo RiascosGridline PropertiesMore Info
305-507-7098

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Alfredo RiascosGridline PropertiesMore Info
305-507-7098

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.