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98 NW 27th St
Miami, FL 33127 Wynwood

$5,900,000 USD

Land For Sale  •  0.24 AC

Property Details

  • Property Type Land
  • Lot Size 0.24 AC
  • Zoning T5-O - Wynwood NRD 1
50 Transit Score
97 Walk Score

Description

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of a prime development site totaling 10,366 SF at the northeast corner of NW 27th Street and NW 1st Avenue in the heart of Wynwood. Located within the T5-O / Wynwood NRD-1 Overlay, the property offers an exceptional opportunity for a developer to capitalize on the district’s growing residential, hospitality, and creative office demand. The site benefits from favorable zoning that allows for up to 8 stories, or approximately 79,600 buildable square feet, with additional height potential under Florida’s Live Local Act. This location sits steps from Wynwood Walls, 28th Street, and North Miami Avenue corridors—anchored by major mixed-use, multifamily, and hotel projects by Related, Lennar, and Diesel Wynwood. Its combination of visibility, zoning flexibility, and surrounding momentum positions it as one of the few remaining developable sites in Wynwood capable of delivering a significant mixed-use program with strong long-term value creation potential.

Highlights

Strong pedestrian traffic and long-term appreciation potential in Miami’s most dynamic submarket
Supports multiple uses including residential, hospitality, office, and retail
Surrounded by active developments by Related, Lennar, and Diesel Wynwood

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Allapattah (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 5 min - 1.6 mi
Santa Clara (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 5 min - 1.8 mi
AirportDriveWalkDistance
Miami International 22 min - 9.9 mi
Fort Lauderdale/Hollywood International 32 min - 21.7 mi
Joe Fernandez 305-310-9062 DWNTWN Realty Advisors
Joe Fernandez 305-310-9062 DWNTWN Realty Advisors