Listing Summary
High-Density Development Site for Sale: Wynwood Norte/Miami Corridor
Full Description
Motivated Seller! This rare development opportunity in Miami offers the perfect blend of immediate cash flow and high-density potential. Strategically positioned within the NRD-2 Zoning Overlay, this site is an ideal target for developers looking to maximize unit yield in one of Miami’s most dynamic neighborhoods.
Key Development Highlights
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High-Density Potential: Zoning allows for 24 units by right, with a density capacity of 150 units/acre.
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Zero Parking Requirement: A major cost-saving advantage that significantly improves project feasibility and maximize buildable square footage.
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Versatile Permitted Uses: Flexible zoning supports Residential, Lodging, Office, Commercial, and Educational (schools/child care) projects.
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Stable Income: Property currently generates $5,000+ monthly in rental income, providing reliable carry-cost coverage during the pre-development or entitlement phase.
Property Specifications
| Feature |
Details |
| Zoning |
NRD-2 Overlay |
| Density |
150 Units/Acre |
| Build Potential |
24 Units (by right) |
| Current Income |
$5,000+/mo |
| Parking |
No Requirement |
This is an exceptional opportunity for investors seeking to capitalize on Miami's urban growth. With a motivated seller and flexible, high-utility zoning, this site is primed for a variety of residential or commercial ventures.
Quick Glance
- Listing ID:
CL-Florida-27937
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
7,250 SqFt