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2751 N Miami Ave 0.81 Acres of Commercial Land Offered at $22,000,000 in Miami, FL 33127
Investment Highlights
- Located along North Miami Avenue in Miami’s Wynwood district.
- Development potential includes up to 12 stories with bonus provisions.
- Bonus density programs may increase density to 225 units per acre.
- Zoning supports residential, retail, hospitality, and office development.
- By-right density allows 150 units per acre.
- Positioned near Wynwood’s established dining, entertainment, and employment base.
Executive Summary
2751 N Miami Avenue presents a rare opportunity to acquire a development site in Miami's Wynwood district, one of South Florida's most active urban neighborhoods. Positioned along North Miami Avenue between Wynwood and Midtown Miami, the property benefits from immediate access to a dense concentration of retail, dining, entertainment, office, and residential development that continues to attract businesses, residents, and visitors from across the region.
The site offers frontage along a highly traveled corridor and is situated near major transportation routes connecting Wynwood to Downtown Miami, the Design District, Miami Beach, and Interstate 95. Its central location provides convenient access to Miami's major employment centers, cultural destinations, and transportation infrastructure, supporting a wide range of potential development strategies.
Surrounded by ongoing investment and redevelopment activity, the property is positioned within a neighborhood that has evolved into a recognized destination for creative office users, hospitality operators, retailers, multifamily developers, and mixed-use projects. The combination of visibility, accessibility, and proximity to established demand drivers creates an opportunity to capitalize on one of Miami's most dynamic urban markets.
For investors and developers seeking a strategically located land holding with redevelopment potential, 2751 N Miami Avenue offers a compelling opportunity within a district characterized by continued private investment, strong consumer activity, and long-term growth fundamentals. Its location between Wynwood and Midtown places the property within one of the region's most interconnected live-work-play environments, supporting future development and value creation opportunities.
The site offers frontage along a highly traveled corridor and is situated near major transportation routes connecting Wynwood to Downtown Miami, the Design District, Miami Beach, and Interstate 95. Its central location provides convenient access to Miami's major employment centers, cultural destinations, and transportation infrastructure, supporting a wide range of potential development strategies.
Surrounded by ongoing investment and redevelopment activity, the property is positioned within a neighborhood that has evolved into a recognized destination for creative office users, hospitality operators, retailers, multifamily developers, and mixed-use projects. The combination of visibility, accessibility, and proximity to established demand drivers creates an opportunity to capitalize on one of Miami's most dynamic urban markets.
For investors and developers seeking a strategically located land holding with redevelopment potential, 2751 N Miami Avenue offers a compelling opportunity within a district characterized by continued private investment, strong consumer activity, and long-term growth fundamentals. Its location between Wynwood and Midtown places the property within one of the region's most interconnected live-work-play environments, supporting future development and value creation opportunities.
Property Facts
| Price | $22,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.81 AC |
| Property Type | Land | ||
| Zoning | T6-8-O; T5-O; Live Local - Commercial, office, retail, multifamily - T6 Urban Core in Wynwood - Most uses permitted. Excellent Covered Land Investment. Can implement Live Local | ||
| Price | $22,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.81 AC |
| Zoning | T6-8-O; T5-O; Live Local - Commercial, office, retail, multifamily - T6 Urban Core in Wynwood - Most uses permitted. Excellent Covered Land Investment. Can implement Live Local |
1 Lot Available
Lot 1
| Price | $22,000,000 | Lot Size | 0.81 AC |
| Price Per AC | $27,160,493.83 |
| Price | $22,000,000 |
| Price Per AC | $27,160,493.83 |
| Lot Size | 0.81 AC |
0.81-acre development site in Miami’s Wynwood district with potential for residential, retail, hospitality, or office uses. Permissive zoning supports up to 12 stories with bonus opportunities and enhanced development potential.
Description
The property consists of approximately 0.81 acres at 28 NE 28th Street in Miami, Florida. The site is located in the Wynwood area along North Miami Avenue. Marketing materials indicate zoning that permits residential, retail, hospitality, and office uses, with development potential of up to 12 stories and residential density of 150 units per acre, expandable to 225 units per acre through bonus density provisions. The materials also reference potential applicability of Florida’s Live Local Act and associated development considerations.
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Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01-3125-006-0130 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,215,359 |
Property Taxes
Parcel Number
01-3125-006-0130
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,215,359
Contacts
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Chris Lentz -
Mitash Kripalani, CCIM -
Virgilio Fernandez, CCIM, MSIRE -
Suzanna Blaskovic -
Alex Giusti -
Cushman & Wakefield
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