For Sale
$7,775,000

92 27Th St Miami, FL 33127

Prime Wynwood location, development potential.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 10,366 sq ft commercial and industrial land parcel, located at 92-98 NW 27th St in Miami, Florida (zip code 33127), presents a remarkable development opportunity in Wynwood's thriving Northeast Quadrant. Zoned T5-L, this corner lot within Wynwood's NRD-1 zoning overlay allows for the construction of up to a five-story building. Current zoning permits up to 36 residential units or 71 hotel/short-term rental units. The asking price is $7,775,000. The sale may include architectural plans and intellectual property for a proposed 71-unit luxury hotel/short-term lodging project. Its strategic location along 1st Avenue offers compelling retail frontage, directly facing the planned Wynwood Woonerf. This property offers developers a chance to join established neighbors like Related Group, Lennar, and Kushner Companies, capitalizing on Wynwood's dynamic growth. This is an exceptional opportunity for developers seeking to establish a presence in this highly sought-after Miami neighborhood. The property's prime location and flexible zoning make it ideal for a variety of high-return development projects.

Highlights

  • 10,366 sq ft Wynwood development site for sale, located at 92-98 NW 27th St, Miami, FL 33127.
  • Prime corner lot in Wynwood's Northeast Quadrant, within the NRD-1 zoning overlay.
  • Allows for up to a 5-story building, with potential for 36 residential units or 71 hotel/short-term rental units.
  • Asking price: $7,775,000; architectural plans and IP for a proposed 71-unit luxury hotel may be included.
  • Compelling retail frontage on 1st Avenue, directly facing the planned Wynwood Woonerf.

Property Details for 92 27Th St

Property type
Land, Industrial properties

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8021128
Longitude
-80.1968507

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FAQs

What type of property is this?
Land - Prime Wynwood location, development potential.
Where is the land located?
The property is located at 92 27Th St Miami, FL.
What is the asking price?
The asking price for this property is $7,775,000.
What are key features of this property?
This property features: 10,366 sq ft Wynwood development site for sale, located at 92-98 NW 27th St, Miami, FL 33127.; Prime corner lot in Wynwood's Northeast Quadrant, within the NRD-1 zoning overlay.; Allows for up to a 5-story building, with potential for 36 residential units or 71 hotel/short-term rental units.
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 access a private listing?
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Contacts

Mateo Romero
Mateo Romero
Alfredo Riascos
Alfredo Riascos
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Useful Information

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27Th St
Miami, FL 33127

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27Th St
Miami, FL 33127

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

92 27Th St
  • Mateo Romero
    Mateo Romero
  • Alfredo Riascos
    Alfredo Riascos
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