92 NW 27th st
Miami, FL 33127

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 corridors.

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 corner lot offers developers the ability to develop a residential or short-term lodging project. Currently, the site allows for the development of up to 5 stories, 36 residential units, or 71 hotel/short-term rentals. The sale may also include the plans and intellectual property for a proposed 71-unit luxury hotel/short-term lodging project.
 
Additionally, its location along 1st Avenue fronts the proposed Wynwood Woonerf and provides for a compelling retail frontage. 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.