The Wynwood Center Development Site

5,950 SF Specialty Building Offered at $13,950,000 in Miami, FL 33127

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $13,950,000

Property Type
Specialty
Square Feet
5,950 SF
Price / Square Foot
$2,345

Listing Contacts

Tony Arellano
Tony Arellano
Verified Profile
Devlin Marinoff
Devlin Marinoff
Verified Profile
  • Property Info

Property Overview

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 150 NW 21st Street, Miami, FL
33127. The subject property is a 21,200 SF development site, ideal for mixed-use or a boutique hotel, zoned T5-O, allowing
for 8 stories, 73-109 with bonus or 146-219 keys for a total surface of 135,000 SF. The site is located on 21st Street, a block
away from NW 2nd Avenue, traversing the center of Wynwood. It is currently operated as an event venue and film studio.
Wynwood is a vibrant retail neighborhood with brands including Pastis, Doya, Uchi, Billionaire Boy’s Club, Smorgasburg
Mami, and more. There are over 35 developments under construction or planned in Wynwood, with a pipeline of 5,500
residential units and 400,000 SF of Retail to be developed in the next few years.

Property Details

Class
C
Year Built
1947
Stories
1
Lot Size (sq. ft)
21,344 SF

Highlights

  • The Event Venue Holds A Current Assembly License That Allows For Special Events
  • Upzoning Possibility with the Live Local Act
  • Vibrant Retail Neighborhood With Several Development Undertakings

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