127-135 NW 24th st
Miami, FL 33127 Wynwood

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 127–135 NW 24th Street, a 14,500- square-foot development site in the heart of Wynwood. Zoned T5-O within the Wynwood NRD-1 overlay, the site permits 5 stories by right and up to 8 stories with NRD-1 bonus. This equates to approximately 72,500 buildable square feet by right (14,500 × 5) and 116,000 buildable square feet with bonus (14,500 × 8). Residential density is approximately 150 units per acre (~50 units) by right or 225 units per acre (~75 units) with NRD-1 bonus. Hotel density allows up to 225 keys per acre (~75 keys). The zoning supports a wide range of mixed-use development including residential, retail, office, and hotel uses. Located directly on NW 24th Street, the property is surrounded by some of Wynwood’s most notable retail, hospitality, and cultural attractions.