527 NW 34th Street
Miami, FL 33127
$2,070,000
- Land
- 2,732 SF building
- 0 SF lot
- $758/SF
Highlights
- 2,732 SF building on a 0 SF lot
- Zoned T5-O / NRD-2 in Miami (as listed)
- Asking $758/SF
Property facts
- Price
- $2,070,000
- Price per SF
- $758/SF
- Property type
- Land
- Building size
- 2,732 SF
- Lot size
- 0 SF
- Zoning
- T5-O / NRD-2 in Miami
- Neighborhood
- Wynwood Norte
Zoning is the code the listing gives; what a code allows depends on the city.
About this property
DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 527 NW 34th Street, Miami, FL. The property consists of a 2,732 SF triplex on a 7,150 SF lot, generating $5,000/month in income. Zoned T5-O within the Wynwood Norte NRD-2 overlay, the site allows for up to 150 residential units per acre and five stories by right, with the potential for three additional stories through bonus density and commercial permitted at the ground level, translating to a maximum of 24 units on this lot. This offering is best positioned as a covered land play, providing investors with immediate cash flow and a prime opportunity to capitalize on high-density redevelopment potential. The site is located within the bounds of the Wynwood Norte neighborhood, just a few blocks from the heart of Midtown and a short distance to the entrance of both Wynwood and the Design District. It also benefits from immediate access to the I-195 on-ramp, which connects directly to I-95.
From the listing broker.
