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 ...


Property

Website:https://www.nestseekers.com/5396190
Address:
Miami, FL 33127
Ownership: For Sale
Type: Duplex

Financials

Price:$950,000
Annual Taxes:$12,606

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.

Amenities

  • CableNotAvailable
  • LessThanQuarterAcre

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Fausto Commercial Realty Consultants Inc