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26514888

2 Locations

CL
FL FLBK3309442
Cushman & Wakefield - Miami, Florida
VF
FL SL3397219
Cushman & Wakefield - Miami, Florida
SB
FL SL3390342
Cushman & Wakefield - Miami, Florida
MK
FL 3194531
Cushman & Wakefield - Miami, Florida
AS
FL 3247774
Cushman & Wakefield - Orlando, Florida
Listed by Cushman & Wakefield - Miami, Florida, Cushman & Wakefield - Orlando, Florida
$22,000,000
12 days on market
Updated 4 days ago

Dorissa of Miami

Details
Property Type Retail, Multifamily (+3)
Sub Type Executive Office
Square Footage 27,753
Units 810
Tenancy Multi
Year Built 1954
Stories 12
Acreage 0.810
Zoning T6-8-O; T5-O
Parking Spaces 34 spaces
Parking Per SqFt 1.23
Investment Type Redevelopment

Dorissa of Miami :: 0.8 Acre Prime Covered Land Development Site in the Heart of Wynwood, Miami, FL

Marketing description

Dorissa of Miami – 0.81 Acre Prime Development Site
in the Heart of Wynwood

2751 N. Miami Avenue & 28 NE 28th Street – Wynwood, Miami, FL

Cushman & Wakefield is pleased to present Dorissa of Miami, an extraordinary 0.81-acre development opportunity at the heart of Miami's most vibrant neighborhood. Located along North Miami Avenue, Wynwood’s main artery, this property offers substantial development potential in an area celebrated as Miami’s premier arts and entertainment destination.

Wynwood is a dynamic hub renowned for its iconic street art, cutting-edge dining, and world-class nightlife. It has become a magnet for visionary employers like Amazon, Spotify, Founders Fund, Atomic, and OpenStore, who are transforming the district into Miami’s ultimate live-work-play environment

Dorissa of Miami’s permissive zoning opens the door to a variety of uses, including residential, retail, hospitality, and office spaces. Developers can build up to 12 stories (with bonuses), with a "by-right" residential density of 150 units per acre, expandable to 225 units per acre through bonus density. Dorissa of Miami’s development potential will be greatly augmented via application of the Live Local Act, likely enabling the site to achieve T6-36 zoning and additional height. Perfectly positioned at Wynwood's gateway, this site is primed for an innovative mixed-use development that maximizes its premier location and contributes to the continued evolution of this iconic neighborhood.

The building was repurposed between 2008 and 2010 and now features a concrete roof deck with a membrane/silicone coating applied in 2023. The Suviche restaurant section includes a shingle roof installed in 2015. HVAC systems throughout the property range from 2012 to 2024, with most units being less than five years old. Significant recent upgrades include new plumbing, drywall, and electrical systems, along with the installation of Lutron automated lighting. These improvements supported the addition of 11 bathrooms and allowed the building to be efficiently demised into functional, rentable units and creative workspaces, including a restaurant. The property offers 34 parking spaces, six common-area bathrooms, and three private bathrooms located in Suites 1, 7, and 8.

Investment highlights

  • Zoning: T6-8-O; T5-O, T6-36 possible via Live Local Act (plus additional density)
  • Maximum Height by Right: 5 & 8 Stories
  • w/ TOD Bonus: 8 & 12 Stories
  • w/ Live Local: Up to 60 Stories (subject to FAA 649-ft limit)
  • Maximum Height by Right: 122 Units (150 units/acre)
  • w/ TOD Bonus: 182 Units (225 units/acre)
  • w/ Live Local: 810 Units (1,000 units/acre)

Listing Contacts

CL
FL FLBK3309442
Cushman & Wakefield - Miami, Florida
VF
FL SL3397219
Cushman & Wakefield - Miami, Florida
SB
FL SL3390342
Cushman & Wakefield - Miami, Florida
MK
FL 3194531
Cushman & Wakefield - Miami, Florida
AS
FL 3247774
Cushman & Wakefield - Orlando, Florida
Listed by Cushman & Wakefield - Miami, Florida, Cushman & Wakefield - Orlando, Florida

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Additional Information

Name
Chris Lentz
License
FLBK3309442
Brokerage
Cushman & Wakefield
Brokerage Phone
3055332865
Title
Executive Director
Brokerage Address
333 Southeast 2nd Avenue
Name
Virgilio Fernandez
License
SL3397219
Brokerage Phone
3056134507
Name
suzanna blaskovic
License
SL3390342
Brokerage
Cushman & Wakefield, US, Inc.
Brokerage Phone
305-533-2870
Title
Brokerage Specialist
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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