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2721 NW 1st Avenue
Miami, FL 33127

$12,712,500 USD

Land For Sale  •  0.39 AC

Property Details

  • Property Type Land
  • Lot Size 0.39 AC
  • Zoning T5-O | T5-L
50 Transit Score
96 Walk Score

Description

Development site for sale, in Wynwood’s northeast quadrant. The subject property offers developers with a unique opportunity to acquire a corner site in one of Miami’s fastest growing sectors.

Situated within Wynwood’s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a
successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies.

The assemblage offers developers with the ability to develop residential, short-term lodging projects, or a mixed-
use project. The site allows for the development of up to 5-8 stories, 99 residential units, or 198 hotel/short term
rentals.

Additionally, the property is ideally located along the avenue, which provides a development with ample retail
frontage facing the proposed Wynwood Woonerf. Retail spaces facing 1 st avenue will have excellent retail potential
and garner premium rental rates.

The location also offers immediate access to major transportation arteries and public transportation.
Overall, this property presents an exciting opportunity for developers looking to enter the Wynwood market and
would like to take advantage of the area’s thriving environment.

Public Transportation

Commuter RailDriveWalkDistance
Hialeah Market (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 11 min - 5.7 mi
Miami Airport (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 12 min - 6.6 mi
AirportDriveWalkDistance
Miami International 12 min - 6.6 mi
Fort Lauderdale–Hollywood International 28 min - 22.2 mi
Alfredo Riascos 305-507-7098 Gridline Properties
Alfredo Riascos 305-507-7098 Gridline Properties