$8,475,000

2721 NW 1st Ave, Miami FL 33127

Beds

Baths

SQFT 11,300

Garage

2024 Years Built

Home Details

Situated within Wynwood’s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies. The corner lot offers developers with the ability to develop residential, commercial, or hospitality driven projects. Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel keys as of right. Alternatively, the site can also be developed as a commercial project that accommodates Office or Hospitality-driven projects. The sale may also include the plans and intellectual property for a proposed 37-unit luxury residential condo project that is close to being fully approved and permitted.

Other Interior Features

Heating
Appliances
Living Area - SqFt
Inside
Total - SqFt
11300

General

MLS#
A11598122
Architectural Style
Bathroom Features
Living Area - SqFt
Construction Materials
Window Features
Total - SqFt
11300

Neighbourhood

Location

Situated within Wynwood’s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies. The corner lot offers developers with the ability to develop residential, commercial, or hospitality driven projects. Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel keys as of right. Alternatively, the site can also be developed as a commercial project that accommodates Office or Hospitality-driven projects. The sale may also include the plans and intellectual property for a proposed 37-unit luxury residential condo project that is close to being fully approved and permitted.

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