

Midtown Development Site
Land | 30,685 SqFt
Marketing description
DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 475 NW 36th St, Miami FL 33127. The subject property is a 30,685 SF infill development site zoned T6-8-O, permitting up to 12 stories and 150 units per acres by right for residential, hotel, office, and/or mixed use via bonus with the recently implemented NRD-2 zoning overlay. The site represents a unique opportunity to capitalize on the Live Local Act (LLA) and comfortably develop up to 30 stories and 290 residential units. The LLA allows this site to mimic the Edgewater and Midtown zoning capabilities of 36 stories and 1,000 du/acre. The property is strategically located on the corner of NW 5th Ave and NW 36th Street, the northeastern corridor of Wynwood Norte, minutes away from Miami’s trendy Wynwood Arts District, Midtown Miami, and the Design District. Additionally, the site is in close proximity to the I-195 exit which connects to the I-95, with an approximate 140,000 daily car traffic.
Investment highlights
Located Just Between Midtown, Wynwood And The Design District
• Great Opportunity For Infill Development And Live Local Play with 350 units (Massing Study Available Upon Request)
• Site Benefits From High Density Wynwood NRD-2 Zoning, Allowing For 150 Units Per Acre And 12 Stories By Right
• Close Proximity To The I-195 And I-95
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