2721 NW 1st Ave Miami FL 33127 MLS #A11598122

2721 NW 1st Ave
Miami, FL, 33127
$8,475,000
Beds
0 Baths
0 SqFt
0.26 Acres
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Situated within Wynwood’s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a
successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies.
The corner lot offers developers with the ability to develop residential, commercial, or hospitality driven projects.
Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel
keys as of right. Alternatively, the site can also be developed as a commercial project that accommodates Office or Hospitality-driven projects.

The sale may also include the plans and intellectual property for a proposed 37-unit luxury residential condo
project that is close to being fully approved and permitted.

Property Details

Price:
$8,475,000
MLS #:
A11598122
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
2721-2727 NW 1st Ave
Neighborhood:
2721-2727 Nw 1st Ave
City:
Miami
Listed Date:
May 30, 2024
State:
FL
ZIP:
33127
Lot Size:
11,300 sqft / 0.26 acres (approx)
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Tax Year
2023
Taxes
$22,501

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