$2,900,000

For sale

280 NW 33rd St, Miami FL 33127

2,105 sq ftBuilt 1946MLS# A12050754

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About this property

Exceptional investment and development opportunity in Wynwood Norte. This prominent 12,776 SF corner lot combines immediate income from a legal, stabilized 4-unit property with compelling future development potential. Zoned T4-R NRD-2, the site may allow up to 4 stories and approximately 40 residential units, or a potential mix of residential and commercial uses, subject to applicable regulations and buyer due diligence. An ideal opportunity to generate rental income while positioning for future redevelopment in one of Miami's most dynamic and evolving neighborhoods, surrounded by continued investment and residential growth. The property's corner location, substantial lot size and current income stream create a unique opportunity for developers and investors seeking flexibility, visibility and long-term upside. Located near major employment, dining, entertainment and cultural destinations, the site benefits from the continued transformation of the greater Wynwood area and strong demand for urban living. Its strategic location offers excellent connectivity to Downtown Miami, the Design District, Midtown and major transportation corridors, enhancing its appeal for future development. This is a rare chance to secure a sizable corner parcel in a high-growth urban neighborhood while benefiting from in-place income today. Detailed rent roll and expense information is available in the attached flyer. Drive by only; please respect tenant privacy and do not disturb occupants.

Property details

Property type
Multi-family
Year built
1946
Living area
2,105 sq ft
Price per sq ft
$1,378
Property taxes
$23,956/yr
Parking
3 spaces
Building / community
Wynd Wood Park
Status
For sale
MLS #
A12050754

Listing courtesy of DeMar Realty.

Location

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