320 29Th StMiami, FL 33127

Property Details for 320 29Th St

Lot size

0.16 AC

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Commercial land

APN

01-3125-024-2820

APU

131250242820

Description

This exceptional 7,000 square-foot vacant lot presents a unique commercial development opportunity in Miami's vibrant Wynwood neighborhood. Located on NW 29th Street, this 50' x 140' parcel is situated on the south side of a four-lane road, ensuring high visibility and accessibility. The property's T6-8-O zoning allows for a diverse range of uses, including office, retail, dining, or mixed-use projects. Its prime location offers immediate proximity to numerous shops, galleries, and restaurants, further enhanced by its adjacency to The Dorsey apartment building, guaranteeing high foot traffic from residents. The surrounding area is experiencing significant new development, underscoring the property's strong investment potential. Furthermore, the property qualifies for SB101 and Live Local initiatives, presenting opportunities for increased density and enhanced development potential. This is a rare chance to establish a presence in one of Miami's most desirable and rapidly growing neighborhoods. The asking price is $4,950,000, and the lot size is 0.16 acres. This Wynwood property offers unparalleled potential for a discerning investor or developer seeking a high-impact location in a thriving market. The Miami-Dade County address is 320 NW 29th St, Miami, FL 33127.

• Alternative Use

  Use

  Valuation

  Residential

  $6,562,096

  Hospitality

  $6,010,844

  Educational

  $5,000,952

  Medical

  $5,172,942

  Retail

  $7,779,258

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8035

Longitude

-80.2017

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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