About This Property

7,200 sqft lot development opportunity in the highly sought-after Wynwood Norte area. This prime T-4R property with NRD-2 Zoning Overlay offers the potential to build up to 16 units by right, with no parking requirements. The site is also well-suited for luxury townhome development. Ideally located just minutes from Wynwood, Midtown, and the Design District, with convenient access to I-95 and I-195. The property currently features a 3-bedroom, 1-bath single-family home generating approximately $3,000/month in rental income. Within walking distance to numerous restaurants, retail, entertainment venues, art galleries, and several Michelin-recognized dining spots. Positioned south of the Design District and west of Midtown, Wynwood Norte continues to experience strong growth with numerous new developments transforming the neighborhood.

Key Features

• 7,200 sq ft Lot
• Built in 1930

Property Details

• Type: Single Family Home
• Year Built: 1930
• Lot Size: 7,200 sq ft
• Sq Ft: 1,256
• Price / Sq Ft: $1,015
• HOA: Contact Agent
• Bedrooms: 3
• Bathrooms: 1
• Feature: 7,200 sq ft Lot
• Feature: Built in 1930
• Status: Active
• MLS Number: 1154906237
• Days on Market: 204
• Listed By: Fausto Commercial Realty Consultants Inc · Vicente Javier Rodriguez
• Zip Code: 33127