Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
Financials
Price:$950,000
Annual Taxes:$12,606
Listing Courtesy of Fausto Commercial Realty Consultants Inc
Investor Alert Covered Land Play in Wynwood Norte No Parking Required Rare opportunity to acquire a 4, 465 SF development site in Wynwood Norte, zoned T4 R within the NRD ...
Description
Investor Alert: Covered Land Play in Wynwood Norte – No Parking Required
Rare opportunity to acquire a 4,465 SF development site in Wynwood Norte, zoned T4-R within the NRD-2 overlay—allowing up to 15 units by right with no parking requirement (under 20,000 SF buildable threshold).
Currently improved with a 2-unit (2 bed / 2 bath) structure totaling 960 SF, this property offers immediate flexibility as a covered land play—generate income while advancing plans, or move straight into redevelopment.
Positioned in one of Miami’s most active urban infill corridors, this site provides a clear path to maximize density without the cost and inefficiency of structured parking. Ideal for developers seeking a streamlined project with strong unit yield in a high-demand rental market.
Key Highlights:
4,465 SF lot in Wynwood Norte (NRD-2 overlay)
Up to 15 units by right
No parking required (sub-20,000 SF project)
Existing duplex for interim income
High-growth location near Wynwood, Midtown, and the Design District
A true value-add opportunity with multiple execution paths—build now, hold with income, or entitle for future upside.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11995801
Amenities
- CableNotAvailable
- LessThanQuarterAcre

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.