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591 NW 34th St - Wynwood Norte Build-Ready Site 0.11 Acres of Commercial Land Offered at $1,200,000 in Miami, FL 33127
INVESTMENT HIGHLIGHTS
- Fully approved plans; impact fees only = Faster time to construction & cash flow; de-risked approvals
- Rooftop + gym equals Rent premiums and competitive differentiation
- Prime urban connectivity (I-95/I-195; high walkability) = Easier logistics, stronger absorption
- Boutique 17-unit mix (12×2/1, 5×1/1) Broad renter appeal & efficient operations
- Current income (~$3,500/mo) = Offsets carry during pre-start period
- Surrounded by major developments = Proof of market momentum & supported exit values
EXECUTIVE SUMMARY
Start construction, not a permitting saga. 591 NW 34 St comes fully approved for a boutique 17-unit apartment building (12 two-bed/one-bath + 5 one-bed/one-bath) with only impact fees left to pay—so you can mobilize quickly, compress your pre-construction timeline, and eliminate entitlement risk. Premium amenities—rooftop terrace and fitness room—are designed to command rent premiums, accelerate lease-up, and reduce vacancy. Property is income-producing today $3,500/mo, helping offset carry while you finalize starts. Just minutes from Midtown, Design District, Wynwood, Edgewater, Brickell, and Miami International Airport, the site sits between I-95 and I-195 with excellent walkability—translating into a deep tenant pool, strong rent growth drivers, and smoother construction logistics. Request the plans and approvals package to evaluate timeline, hard costs, and your path to shovel-in-ground
PROPERTY FACTS
| Price | $1,200,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Property Type | Land | ||
| Zoning | R2 - T5-O, NRD-2 overlay | ||
| Price | $1,200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.11 AC |
| Zoning | R2 - T5-O, NRD-2 overlay |
1 LOT AVAILABLE
Lot 1
| Price | $1,200,000 | Lot Size | 0.11 AC |
| Price Per AC | $11,161,648.58 |
| Price | $1,200,000 |
| Price Per AC | $11,161,648.58 |
| Lot Size | 0.11 AC |
DESCRIPTION
Approved and ready to build! This 17-unit apartment project, featuring twelve 2-bed units and five 1-bed units, comes with approved plans and only impact fees left to pay. Designed with premium amenities including a rooftop and gym, it’s income-producing at $3,500/month. Located just minutes from Midtown, Edgewater, Brickell, the Design District, and Miami International Airport. Estimated resale value of $6M ($352K/unit) offers strong upside potential.
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Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (74)
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591 NW 34th St - Wynwood Norte Build-Ready Site
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