97 27Th StMiami, FL 33127
- Land
Property Details for 97 27Th St
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 01-3125-029-0790 Miami-Dade County property, located at 97 NW 27th St, Miami, FL 33127, presents a unique opportunity for developers seeking a foothold in Wynwood's thriving Northeast Quadrant. Zoned 6107, this industrial land parcel offers the potential to develop up to five stories, accommodating 39 residential units or 78 hotel/short-term rental units. Currently improved with a ten-unit multi-family building generating income from short-term leases, this corner lot provides immediate cash flow. The property's location within Wynwood's NRD-1 zoning overlay allows for a variety of development options, aligning with the success of neighboring projects by prominent developers. An adjacent property is also available for purchase, offering the potential to assemble a significantly larger 16,950 square foot site. This expanded footprint would provide frontage on NW 1st Avenue, capitalizing on the planned Wynwood Woonerf program and its potential for vibrant retail opportunities. The site benefits from convenient access to major transportation arteries and public transit. Financial details are available upon request. This is an exceptional opportunity to capitalize on Wynwood's dynamic growth.
Location Insight
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Latitude
- 25.8024
- Longitude
- -80.1969
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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