Land For Sale • 0.16 AC
Development Opportunity in North Wynwood Oversized 7,100 SF lot zoned T4-R presents an exceptional investment and redevelopment opportunity within Miami’s Neighborhood Revitalization District (NRD-2). Ideally located within walking distance of Midtown’s shops, restaurants, and entertainment, the property offers potential development of up to 24 residential units across three stories with street parking, subject to NRD-2.The existing property can generate approximately $52,800 in annual rental income.
| T4-R zoning within NRD-2 overlay allowing up to 24 residential units by right |
| Located within walking distance of Wynwood, Midtown, and the Design District for high tenant demand. |
| No parking requirement enhances design flexibility and reduces development costs |
| The existing property can generate approximately $52,800 in annual rental income. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Allapattah (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 4 min | - | 1.1 mi |
| Santa Clara (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 5 min | - | 1.6 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 22 min | - | 9.8 mi |
| Fort Lauderdale/Hollywood International | 32 min | - | 21.6 mi |