Sold

526 NW 34th St, Miami, FL

526 NW 34th St, Miami, FL 33127
  • $1,400,000

Description

Development opportunity for investors in the hot Wynwood Norte submarket, sandwiched between Wynwood, Midtown, I-95 and I-195 (with easy access to the Design District, Edgewater and Downtown). This covered land play sits on a 6700 sqft T5-O site, which allows you to build up to 23 units, 20K sqft, 5 stories, with no parking requirements AS OF RIGHT (eligible for a bonus height up to 8 stories). Special zoning overlay allows for hotel / lodging use with double density (up to 46 units). Renderings show ACTUAL design of a 23-unit / 51-bedroom building (nine 3/3s, ten 2/2s, four studios) with roof deck and amenity space — yes, it’s possible! Priced at a very favorable and realistic price per unit for a win-win deal. Current property was used as a duplex, sold as-is.

Source MLS: Miami Assoc of REALTORS

Details

Updated on February 11, 2024 at 7:13 am
  • Property ID: 1182150
  • Price: $1,400,000
  • Land Area: 6700.0 Sqft
  • Property Type: Townhouse
  • Property Status: Sold
  • MLS#: A11308327
  • Office Name: LOKATION
  • Agent Name: Alexandru Celea
  • MLS Status: Closed

Additional details

  • Sewer: PublicSewer
  • Tax Annual: 1194
  • Tax Year: 2021
  • County: Miami-Dade County
  • Property SubType: MultiFamily
  • Water Source: Public

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Overview

  • A11308327
  • MLS#
  • Townhouse
  • Property Type

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