1027 nw 19 street

The Opportunity 1027 NW 29 Street is a rare, fully-entitled and site-plan-approved mid-rise development site positioned on the fast-densifying western edge of Miami’s Wynwood corridor, in the Allapattah–Wynwood transition. The approved design delivers an eight-story, mixed-use building with 50 residential units over ground-floor retail, a lobby/leasing area, bike amenity, and a landscaped rooftop with a signature mural — all designed by JCD Architect, Inc. Investment Highlights Shovel-ready entitlements. Site-plan-approved 8-story program Income-tested workforce program. Approved 120% AMI covenant supports $1,506,336 in projected annual residential income. Efficient, rentable mix. Studio-weighted plan (blended ~$4.91/SF/mo) built for absorption and yield. With entitlements secured, a buyer bypasses the most time-consuming and uncertain phase of development and can move directly toward permitting and construction — a compelling basis at $1,450,000, or approximately $29,000 per approved residential unit. Location. Minutes to Wynwood, Midtown, the Design District