For Sale
Call for price

175 27Th StMiami, FL 33127

Prime Wynwood land, hotel & retail potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional assemblage opportunity presents a unique chance to develop a significant mixed-use project in Miami's vibrant Wynwood Arts District. Located at 175 NW 27th Street, this vacant land parcel offers 5,600 to 10,000 square feet, with the potential to acquire an adjacent parcel for a total of 10,000 square feet. The property is zoned T5-O, allowing for the construction of a building up to eight stories high, with potential bonuses. The maximum buildable area is 22,559 square feet, with an 80% building coverage allowance. This flexibility allows for a diverse range of uses, including hotel, residential, commercial, restaurant, or office space. Miami 21 incentives offer up to a 30% parking reduction for properties within a half-mile of a transit-oriented development or a quarter-mile of a transit corridor, significantly impacting development costs. This prime location on one of Wynwood's most desirable streets provides unparalleled access to the area's thriving retail and residential scene, making this an ideal investment for developers seeking to create a landmark project in a dynamic and rapidly growing neighborhood. The property's versatility and location combine to create a truly exceptional development opportunity.

Highlights

  • Exceptional assemblage opportunity in Wynwood's vibrant Arts District.
  • 5,600-10,000 SF vacant land parcel, with potential for 10,000 SF total through adjacent parcel acquisition.
  • T5-O zoning allows for up to eight stories (with potential bonuses), 22,559 SF maximum buildable area, and 80% building coverage.
  • Mixed-use development potential: hotel, residential, commercial, restaurant, or office.
  • Miami 21 incentives offer up to 30% parking reduction near transit.

Property Details for 175 27Th St

Property type
Retail properties, Mixed-use properties

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.802165442946
Longitude
-80.198334752452
175 27Th St, Miami, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
175 27Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message