92 27Th StMiami, FL 33127

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.