The Center of Wynwood - Land/Parking Income
Land | 14,500 SqFt
Marketing description
DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 127–135 NW 24th Street, a 14,500- square-foot development site in the heart of Wynwood. Zoned T5-O within the Wynwood NRD-1 overlay, the site permits 5 stories by right and up to 8 stories with NRD-1 bonus. This equates to approximately 72,500 buildable square feet by right (14,500 × 5) and 116,000 buildable square feet with bonus (14,500 × 8). Residential density is approximately 150 units per acre (~50 units) by right or 225 units per acre (~75 units) with NRD-1 bonus. Hotel density allows up to 225 keys per acre (~75 keys). The zoning supports a wide range of mixed-use development including residential, retail, office, and hotel uses. Located directly on NW 24th Street, the property is surrounded by some of Wynwood’s most notable retail, hospitality, and cultural attractions.
Investment highlights
• Prime Wynwood Development Site Totaling 14,500 Square Feet
• Highly Desirable T5-O Zoning Allowing Up To 5 Stories Of Mixed-Use Development
• Located In The Heart Of Miami’s Premier Arts And Entertainment District
• Fully Licensed and Compliant Parking Lot with Significant Parking Income
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
