Investor Alert: Covered Land Play in Wynwood Norte - No Parking RequiredRare opportunity to acquire a 4,465 SF development site in Wynwood Norte, zoned T4-R within the NRD-2 overlay-allowing up to 15 units by right with no parking requirement (under 20,000 SF buildable threshold).Currently improved with a 2-unit (2 bed / 2 bath) structure totaling 960 SF. Positioned in one of Miami's most active urban infill corridors, this site provides a clear path to maximize density without the cost and inefficiency of structured parking. Ideal for developers seeking a streamlined project with strong unit yield in a high-demand rental market.Key Highlights:4,465 SF lot in Wynwood Norte (NRD-2 overlay)Up to 15 units by rightNo parking required (sub-20,000 SF project)Existing duplex for interim incomeHigh-growth location near Wynwood, Midtown, and the Design DistrictA true value-add opportunity with multiple execution paths-build now, hold with income, or entitle for future upside.
| MLS # | A12057870 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 104 |
| Listing Provided By | Fausto Commercial Realty Consultants Inc | Martina Smolakova |
| SQ Feet | 900 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | 3900 |
| Tax Annual Amount | 12606 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 2310 |
| Community Name | CHEFNEUX SUB |
| Listing VS Median (in CHEFNEUX SUB) | |
Price: $900,000 low | high Med: $900,000 sqft: 900 low | high Med: 900 $ / sqft: $1,000 low | high Med: $1,000 On site: 104 low | high Med: 104 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 2310 |
| Community Name | CHEFNEUX SUB |
| Listing VS Median (in CHEFNEUX SUB) | |
Price: $900,000 low | high Med: $900,000 sqft: 900 low | high Med: 900 $ / sqft: $1,000 low | high Med: $1,000 On site: 104 low | high Med: 104 | |