Keiti Silva - Commercial Real Estate Showcase

Keiti Silva Property Listings
West Avenue Realty
150 SE 2nd Avenue
Miami, FL 33131

1950 NW 1st Place - Wynwood Walk

1950 NW 1st Ave & 1905 1st Ct
Miami, FL 33136 - Miami Submarket

Property Type:Land Parcel Size:2.49 Acres
For Sale Price:For Sale Price/Acre:For Sale Price/SF:-

Proposed Use:MultiFamily, Apartment Units

On-Site Improv:-

Irrevocable Major Use Special Permit
Zoning: C-1 - Restricted Commercial, allowing a variety of retail, office and residential uses
Approved for 311 units with associated commercial component of 11,788 SF and 578 space parking garage
Net Lot Size: 108,330 SF (2.59 acres)
Gross Lot Size: 185,217 SF (4.25 acres)
FAR Multiple: 1.72
Allowable FAR: 318,573 SF
Maximum allowance of 373 units or expansive retail use
MUSP Approved Zoning: C-1
Current Zoning: T6-8-0

Sale Notes:
This is one of the largest development opportunities back in the market.

This incredible opportunity consists of 108.334 square-feet allowing for mix-use construction. Just steps from Wynwood Block, Wynwood Arcade, and The Wynwood Building.

Hot new residential buildings are already in development. Current zoning is T6-8-0. "Wynwood had $165M in retail property sales in 2015, vacancy rate is 6 percent."
Between 19th and 20th street on 1st Avenue.

West Avenue Realty
Keiti Silva
(786) 838-3687

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