14,000 SF Bldg + 89 Unit / 177 Key Dev. Site
14,000 SF | Vacant | Retail Building | Miami, FL 33127 | $12,500,000 ($893/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $12,500,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 14,000 SF
- Price / Square Foot
- $893
Listing Contacts
Andres Nava
Verified Profile
- Property Info
Property Overview
Metro 1 Commercial exclusively presents for sale the property located at 2830 NW 5 Avenue, Miami, FL (“The Property”), with 17,160 SF of land zoned T6-8 O NRD-1 Zoning, which allows for up to 12 stories with bonuses, 89-unit/177-keys, and 164,736 buildable SF.
This site provides a unique opportunity to develop a mixed-use project with multi-family, condos, hotel, office, and retail in Wynwood, one of the world’s coolest neighborhoods according to Google, Vogue & Forbes.
The Property is ideally located along 5 Avenue along NW 29 Street. The Property benefits from its T6-8 O NRD-1 Miami 21 zoning designation, which allows for a wide variety of permitted uses by right including residential, lodging, commercial, office, civic and educational. The by-right residential density is 150 units per acre with a maximum of 225 units per acre permitted via bonus, which equates to 89 units / 177 keys, and 8 stories by-right, 12 stories with bonuses.
This site provides a unique opportunity to develop a mixed-use project with multi-family, condos, hotel, office, and retail in Wynwood, one of the world’s coolest neighborhoods according to Google, Vogue & Forbes.
The Property is ideally located along 5 Avenue along NW 29 Street. The Property benefits from its T6-8 O NRD-1 Miami 21 zoning designation, which allows for a wide variety of permitted uses by right including residential, lodging, commercial, office, civic and educational. The by-right residential density is 150 units per acre with a maximum of 225 units per acre permitted via bonus, which equates to 89 units / 177 keys, and 8 stories by-right, 12 stories with bonuses.
Property Details
- Class
- C
- Year Built
- 1950
- Stories
- 1
- Property Subtype
- Freestanding, Showroom, Loft/Creative Space
- Lot Size (sq. ft)
- 16,988 SF
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