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148 NW 28th St - Core Wynwood Micro-Building and Land 0.13 Acres of Commercial Land Offered at $3,900,000 in Miami, FL 33127
INVESTMENT HIGHLIGHTS
- Small Core Building and/or Infill Development Site
- Prominent Wynwood Location
- Small Boutique Project
- Flexible Zoning
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $3,900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.13 AC |
| Property Type | Land | ||
| Zoning | T5-O - Wynwood NRD 1 | ||
| Price | $3,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.13 AC |
| Zoning | T5-O - Wynwood NRD 1 |
1 LOT AVAILABLE
Lot
| Price | $3,900,000 | Lot Size | 0.13 AC |
| Price Per AC | $30,207,034.37 |
| Price | $3,900,000 |
| Price Per AC | $30,207,034.37 |
| Lot Size | 0.13 AC |
Prime 5,625 SF Wynwood lot with existing boutique building. Zoned T5-O for mixed-use, hospitality, office, or retail. Steps from NW 2nd Ave and surrounded by major development, offering strong upside potential in a high-demand corridor.
DESCRIPTION
Located in the heart of Wynwood, 148 NW 28th Street offers a rare combination of an existing boutique structure and true development potential. The property spans 5,625 SF and currently features a 1,620 SF micro-building that has been used as a high-end sales center, showcasing modern finishes, open interiors, and strong street presence along NW 28th Street. Its current configuration makes it suitable for immediate use as creative office, showroom, gallery, or retail while providing a strong foundation for future redevelopment. Zoned T5-O within the Wynwood NRD-1 Overlay, the site allows a wide mix of uses including residential, hospitality, office, and retail—paired with reduced parking requirements and the ability to unlock bonus height through the Wynwood Public Benefits Program. Developers can build up to 8 stories and maximize efficiency on a boutique-scale project, whether pursuing a mixed-use concept, creative office, or design-forward hospitality. The property sits just half a block from NW 2nd Avenue, surrounded by some of the neighborhood’s most active development, major retail operators, and newly delivered multifamily and hotel projects. As Wynwood continues to attract institutional investors and top-tier operators, small well-located parcels like this have become increasingly limited. This offering provides both immediate usability and significant upside in one of Miami’s most dynamic and rapidly evolving urban districts.
PROPERTY TAXES
| Parcel Number | 01-3125-029-0600 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,089,550 |
PROPERTY TAXES
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148 NW 28th St - Core Wynwood Micro-Building and Land
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