The subject property consists of a 12,000 SF prime development opportunity across two lots strategically located in Wynwood Norte. There are currently 2 buildings with 3 residential units. The site has approved plans for 40 residential units and 3 commercial units. The location benefits from high-density T5-L zoning falling within the Wynwood Norte NRD2 overlay, allowing for 150 units per acre, 5 stories by right, with an additional 3 stories available via bonus. The property is strategically located on NW 5th Ave, the northern corner of Wynwood Norte, minutes away from Miami’s trendy Wynwood Arts District, Midtown Miami, and the Design District. Additionally, the property is within close proximity to the I-195 exit which connects to the I-95.

This listing is courtesy of Dwntwn Realty Advisors LLC.