Miami, FL

2721 NW 1st Ave, Miami FL 33127

$12,712,500

Key Details

Status
Active
Property Type
Commercial Land

Overview

Development site for sale, in Wynwood’s northeast quadrant. The subject property offers developers with a unique opportunity to acquire a corner site in one of Miami’s fastest growing sectors. The assemblage offers developers with the ability to develop residential, short-term lodging projects, or a mixed-use project. The site allows for the development of up to 5-8 stories, 99 residential units, or 198 hotel/short term rentals. Additionally, the property is ideally located along the avenue, which provides a development with ample retail frontage facing the proposed Wynwood Woonerf. Retail spaces facing 1 st avenue will have excellent retail potential and garner premium rental rates.

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