$ 8,475,000
Address not disclosed Miami, FL 33127
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$ 8,475,000
Est. payment | /mo
0.26 Acres Lot
$ 8,475,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision 2721-2727 Nw 1St Ave
MLS Listing ID A11598122
HOA Y/N No
Annual Tax Amount $22,501
Tax Year 2023
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 100x213
Property Description
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 with the ability to develop residential, commercial, or hospitality driven projects.
Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel
keys as of right. Alternatively, the site can also be developed as a commercial project that accommodates Office or Hospitality-driven projects.
The sale may also include the plans and intellectual property for a proposed 37-unit luxury residential condo
project that is close to being fully approved and permitted.
successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies.
The corner lot offers developers with the ability to develop residential, commercial, or hospitality driven projects.
Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel
keys as of right. Alternatively, the site can also be developed as a commercial project that accommodates Office or Hospitality-driven projects.
The sale may also include the plans and intellectual property for a proposed 37-unit luxury residential condo
project that is close to being fully approved and permitted.
Location
State FL
County Miami-dade
Community 2721-2727 Nw 1St Ave
Area 31
Exterior
Utilities Available None, Sewer Not Available
Waterfront No
Present Use Other
Street Surface Other
Building
Lot Description <1 Acre
Sewer None
Water Other
Others
Tax ID 01-31-25-029-0800
Listed by Gridline Properties
Learn More About LPT Realty
NinaMichelle Sanders
Realtor® | License ID: 3472672