Rare income-producing development site in the heart of Wynwood Norte offering both current cash flow and a clear path to a 24-unit multifamily project with no parking requirement, allowing for maximum density and efficient construction. Currently classified by the appraiser as a single-family home but configured as two residential units, providing interim income while plans, permits, or financing are finalized. The property is now fully leased, providing immediate in-place income and a true covered land play - currently generating $6,700/month The site allows for up to 24 residential units across three stories with no parking, a highly desirable entitlement that significantly reduces construction costs, eliminates garage inefficiencies, and improves project yield. An ideal opportunity for a developer seeking a proven no-parking micro-density play in Wynwood Norte with strong comparables, near-term income, and a clear development narrative.