PCK Commercial, in collaboration with ownership, is proud to present an extraordinary opportunity to acquire a boutique hospitality development site at the epicenter of Miami’s Wynwood Arts District. The offering comprises a three-parcel assemblage totaling 11,234 SF with rare dual frontage on NW 27th and NW 28th Streets, positioned steps from Wynwood Walls — Miami’s most iconic cultural destination, drawing over 3 million visitors annually.
The property benefits from a Waiver Final Decision valid through January 19, 2026, approving 48 lodging units and 12 dwelling units under an apartment-hotel designation. This entitlement framework provides immediate security and eliminates 12–24 months of entitlement risk, accelerating time-to-market and protecting investor IRR.
Investors enjoy unique flexibility to Develop and operate under current approvals, or Pursue a conceptual 120-key lifestyle hospitality program, envisioning 48 hotel rooms + 72 STRs, curated food & beverage concepts, marketplace retail, and rooftop entertainment with pool and bar.
In addition, a leading global lifestyle hospitality operator has prepared a proposal for this site, envisioning a flagship concept that aligns with Wynwood’s art, culture, and nightlife identity. This proposal offers prospective buyers the option to leverage an internationally recognized brand platform. Details can be shared with qualified investors under NDA.
Strategically positioned, the site is primed to capture event-driven demand spikes during Art Basel, F1 Miami, Ultra, and Miami Open — periods when Wynwood hotels command ADRs well above citywide averages. With a delivered basis of $390K/key versus recent Wynwood trades exceeding $800K/key, the opportunity offers both downside protection and a compelling value creation spread.
With virtually no remaining assemblages of this scale in Wynwood’s walkable core, this represents a once-in-a-generation opportunity to deliver a flagship hospitality asset directly adjacent to Wynwood Walls.