527 Nw 34th St - Apartments FOR SALE


Miami, FL 33127- Wynwood
$2,070,000 USD
310-710-5080
527 Nw 34th St, Miami, FL for Sale
$2,070,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

527 Nw 34th St
Miami, FL 33127
Wynwood


HIGHLIGHTS

  • Prime Location Between Wynwood, Midtown, And Miami Design District, Near I-195
  • High-Density Wynwood NRD-2 Zoning: 150 Units/Acre, Up To 8 Stories, Mixed-Use Potential
  • Covered Land Play With Existing Triplex Generating $5,000/Month Income

OVERVIEW

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 527 NW 34th Street, Miami, FL. The property consists of a 2,732 SF triplex on a 7,150 SF lot, generating $5,000/month in income. Zoned T5-O, the site allows for 24 units across 5 stories by right, plus 3 additional stories through the Wynwood Norte NRD-2 overlay, with commercial permitted at the ground level. This offering is best positioned as a covered land play, providing investors with immediate cash flow and a prime opportunity to capitalize on high-density redevelopment potential. The site is located within the bounds of the Wynwood Norte neighborhood, just a few blocks from the heart of Midtown and a short distance to the entrance of both Wynwood and the Design District. It also benefits from immediate access to the I-195 on-ramp, which connects directly to I-95. The property falls within the Wynwood Norte NRD-2 overlay and carries T5-O zoning, allowing for up to 150 residential units per acre and five stories by right, with up to three additional stories available via bonus density.

FOR SALE DETAILS

PRICE

$2,070,000 USD

PRICE/SF

$861 USD /SF

# OF UNITS

1

PRICE/UNIT

$2,070,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Wynwood Norte Development Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,150 SF

ZONING

T5-O

APN/PARCEL ID

01-3125-021-0210

ASK ABOUT THIS PROPERTY

George BelesisDWNTWN Realty AdvisorsMore Info
310-710-5080

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George BelesisDWNTWN Realty AdvisorsMore Info
310-710-5080

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