145 NW 35th St - Residential LAND FOR SALE


Miami, FL 33127- Miami Design District15,002 SF
$4,700,000 USD
305-345-7776
145 NW 35th St, Miami, FL for Sale
$4,700,000 USD
Residential LAND - FOR SALE
1/16
15,002 SF


HIGHLIGHTS

  • Rare 0.34-acre Wynwood Multifamily Development Opportunity
  • Ideal for Multifamily, Short-Term Rentals, or Boutique Hotel
  • Zoned T5 with NRD-2 Overlay for Added Density
  • Public Benefit Incentives Unlock Bonus Height and Area
  • Impact Fees Already Paid, Expediting Development Timeline
  • Unrivaled Access to Wynwood, Midtown, Design District, Edgewater

OVERVIEW

Marcus & Millichap is pleased to offer a rare 0.34-acre multifamily, hotel, or short-term rental development opportunity in Wynwood Norte—one of Miami’s most vibrant and rapidly evolving neighborhoods. The site includes three contiguous parcels totaling 15,000 square feet, zoned T5 and enhanced by the NRD-2 overlay. This zoning allows for up to 150 dwelling units per acre, relaxed parking requirements, and bonus height/FAR through contributions such as affordable housing or funding the Wynwood Norte Community Trust. A six-story, 51-unit multifamily project is envisioned. Impact fees have already been paid, reducing soft costs and expediting the development process. The site is also suitable for a short-term rental or boutique hotel project. Located just west of NW 1st Avenue and two blocks from the Midtown Shops, the property offers outstanding walkability and connectivity to Miami’s top lifestyle districts—Wynwood, Midtown, the Design District, Edgewater, and Downtown—as well as direct access to I-95, I-195, and Miami International Airport. Wynwood’s transformation from industrial district to international cultural hub has been driven by progressive zoning overlays like NRD-2. This offering presents a compelling opportunity to capitalize on that momentum with a well-positioned, zoning-advantaged site in one of Miami’s strongest submarkets.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/ACRE

$13,648,800/AC

PRICE/SF

$313 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Retail, Multi-Family, Hospitality, Apartment Units - Condo, Hotel

LAND ACRES

0.34 AC

LAND SF

15,000 SF

OFFSITE IMPROVEMENTS

-

ZONING

T5-L/NRD-2

APN/PARCEL ID

01-3125-019-0410

ASK ABOUT THIS PROPERTY

Alex ZylberglaitMarcus & MillichapMore Info
305-345-7776

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

Alex ZylberglaitMarcus & MillichapMore Info
305-345-7776

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