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2210 NW 1st Ct - Wynwood Infill Development Opportunity 0.38 Acres of Commercial Land Offered at $8,400,000 in Miami, FL 33127
EXECUTIVE SUMMARY
DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of a 16,430 SF. The subject property is a 16,340 SF lot currently operating as a parking lot. With the Wynwood T5-O zoning, the site is ideal for mixed-use development allowing for 8 stories, 57-85 multi-family units with bonus, or 113-170 hotel keys. The Live Local Act (LLA) would also be ideal to develop affordable housing, increasing the density to 94 units and up to 27 stories. The parking stackers must stay and remain accessible. The site is directly adjacent to the Wynhouse, a 308 units projects currently under construction with delivery expected in Q1 2025. The development site is also located two blocks east of NW 2nd avenue, one of Wynwood’s main arteries with 8,000 VPD. There are currently 28 development projects in Wynwood, totaling 3,227 residential units, 192 hotel rooms, 662k SF of office space and 361k SF of retail space.
PROPERTY FACTS
| Price | $8,400,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.38 AC |
| Property Type | Land | ||
| Zoning | Wynwood NRD T5-O - Mixed-Use | ||
| Price | $8,400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.38 AC |
| Zoning | Wynwood NRD T5-O - Mixed-Use |
1 LOT AVAILABLE
Lot
| Price | $8,400,000 | Lot Size | 0.38 AC |
| Price Per AC | $22,270,474.92 |
| Price | $8,400,000 |
| Price Per AC | $22,270,474.92 |
| Lot Size | 0.38 AC |
1 1
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $5,964,090 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,964,090
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2210 NW 1st Ct - Wynwood Infill Development Opportunity
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