727-771 NW 29th St - Commercial LAND FOR SALE


Miami, FL 33127- Allapattah39,204 SF
$7,700,000 USD
609-226-6390
727-771 NW 29th St, Miami, FL for Sale
$7,700,000 USD
Commercial LAND - FOR SALE
1/18
39,204 SF

727-771 NW 29th St
Miami, FL 33127
Allapattah


HIGHLIGHTS

  • Coveted Industrial Zoning: Rare opportunity to control nearly a full acre of D1 industrial-zoned property
  • Opportunity Zone + Live Local Eligible: Take advantage of various paths to value generation via layered special incentive applicability
  • Multi-Exit Optionality w/ Interim Income: Existing (and under-optimized) improvements provide substantial in-place income
  • Dominant Gateway Position: This city block-defining site anchors Allapattah’s Wynwood-facing edge adjacent to I-95 and the NW 7th Ave intersection
  • Addt'l Corner Opportunity: Rare opportunity for majority control of critical city block with addt’l 6,800 Sq. Ft. parcel available

OVERVIEW

THE ALPHA COMMERCIAL ADVISORS® PROUDLY PRESENTS A 0.90-ACRE COVERED OPPORTUNITY WITH UNDERLYING INDUSTRIAL ZONING ALONG ALLAPATTAH’S ESTABLISHED NW 29TH STREET COMMERCIAL CORRIDOR. With flexible D1 industrial zoning in place, the offering consists of a multi-parcel assemblage totaling nearly a full acre, with various mixed-use structures from multi-family to retail that provide hold-over income while preserving long-term re-development upside. The existing improvements support a covered-land strategy for both developers and bullish land-bank investors alike. The property is supported by conceptual plans for a 12-story, 216-unit mixed-use Live Local development, illustrating the scale and density achievable through entitlement, and maximizing available strategies via the site’s location in an opportunity zone with Live Local eligibility. Positioned just west of I-95 and covering nearly a full city block at the closest possible proximity to Wynwood, the site benefits from strong visibility, stable traffic exposure, and direct connectivity to Miami’s urban core, making it well suited for entitlement-driven buyers seeking flexibility, scale, and multiple exit paths.

FOR SALE DETAILS

PRICE

$7,700,000 USD

PRICE/ACRE

$8,555,556/AC

PRICE/SF

$196 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Industrial Covered Land Assemblage

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Retail, Mixed Use, Multi-Family, Warehouse

LAND ACRES

0.9 AC

LAND SF

39,204 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Cable

ZONING

D1

APN/PARCEL ID

01-3126-009-0400

ASK ABOUT THIS PROPERTY

Steffanie JacobsonThe Alpha CommercialMore Info
609-226-6390

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Steffanie JacobsonThe Alpha CommercialMore Info
609-226-6390

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