127-135 NW 24th st - Residential LAND FOR SALE


Miami, FL 33127- Wynwood631,620,000 SF
$8,500,000 USD
786-235-8330
127-135 NW 24th st, Miami, FL for Sale
$8,500,000 USD
Residential LAND - FOR SALE
1/6
631,620,000 SF

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


HIGHLIGHTS

  • Prime Wynwood Development Site Totaling 14,500 Square Feet
  • Highly Desirable T5-O Zoning Allowing Up To 5 Stories Of Mixed-Use Development
  • Located In The Heart Of Miami’s Premier Arts And Entertainment District
  • Fully Licensed and Compliant Parking Lot with Significant Parking Income

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/ACRE

$586/AC

PRICE/SF

$0.013 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

The Center of Wynwood

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Mixed Use, Hospitality, Apartment Units, Apartment Units - Condo, Hotel

LAND ACRES

14500 AC

LAND SF

631,620,000 SF

OFFSITE IMPROVEMENTS

-

ZONING

T5-O

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tony ArellanoDWNTWN Realty AdvisorsMore Info
786-235-8330

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Tony ArellanoDWNTWN Realty AdvisorsMore Info
786-235-8330

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.