Wynwood Norte Development Site | 17 Units By Right + 25,000 SF Assemblage Potential
Fausto Commercial is pleased to present 237 NW 33rd Street, a 5,000 SF development site in the heart of Wynwood Norte. Zoned T4-R within NRD-2, the property offers the potential for 17 residential units by right, three stories by right, and additional height through qualifying workforce housing and the NRD-2 Public Benefits Program.
A key advantage is the site's parking flexibility: no off-street parking is required for qualifying structures under 20,000 SF, allowing developers to maximize building efficiency and density.
Beyond the standalone opportunity, 237 NW 33rd Street could serve as the catalyst for a larger assemblage. The neighboring property at 247 NW 33rd Street and properties to the east would consider a sale, while 227 and 221 NW 33rd Street are currently on the market. Combined, the potential assemblage totals approximately 30,000 SF of land with interim income and the ability to develop up to 102 units by right.
This gives a buyer two compelling strategies: develop a boutique 17-unit project today or pursue a larger 102-unit assemblage, while existing improvements can generate income during the pre-development period.
Located minutes from Wynwood, Midtown, the Design District and Edgewater, the site offers favorable zoning, parking flexibility, existing income and significant assemblage upside.
Call to learn more about Wynwood Norte, tour nearby development sites and projects that can serve as a blueprint, and connect with architects and builders with direct experience developing in the area.
All zoning, density, parking, assemblage and development information is subject to independent verification. Adjacent parcels are separately owned and assemblage is not guaranteed.