$1,800,000
 $9,663 est/mo Sourced by Back At You

559 NW 34th Street,Miami, FL 33127

Miami, FL 33127

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Description

Exclusive Wynwood Norte infill opportunity in one of Miami's fastest-growing urban districts, with direct access to Midtown, Edgewater, Design District, Brickell, and Miami International Airport. The 7,150 SF T5-O site includes plans under City of Miami review for a 24-unit multifamily development. Entitlements are well advanced, with approvals expected in ~5 months, significantly reducing pre-development time. Ownership will assist through final approvals to help expedite delivery. The design features all 2-bedroom, 2-bathroom units, optimized for traditional leasing or co-living. Each bedroom has private bath access, maximizing rent per bedroom. Comparable Wynwood co-living projects such as i5 Wynwood are achieving ~$1,350 per bedroom. Offered at $1.8M ($75K per unit and ~$252 PSF), the asset sits in a high-growth submarket with strong demand, population growth, and ongoing redevelopment. Ideal for developers seeking a near-term groundbreaking opportunity with reduced entitlement risk and flexible leasing strategies. Financing, lender, architect, and GC introductions available.

Details

MLS #A12063858
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site90
Listing Provided ByFausto Commercial Realty Consultants Inc | Martina Smolakova

Features

Zoning6101
Acreage0.16

Exterior

Lot FeaturesOther

Taxes

Tax Annual Amount22352

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33127
Area2310
Community NameDEVONSHIRE PARK SUB
Listing VS Median (in DEVONSHIRE PARK SUB)
Price:
$1,800,000
low | high
Med:
$799,900
100% of Average
On site:
90
low | high
Med:
12
100% of Average
Sourced by Back At You

Market Activity 33127

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33127
Area2310
Community NameDEVONSHIRE PARK SUB
Listing VS Median (in DEVONSHIRE PARK SUB)
Price:
$1,800,000
low | high
Med:
$799,900
100% of Average
On site:
90
low | high
Med:
12
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.35M - $2.25M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
3312 NW 5th Avenue Property Photo 1
$1,800,000
3312 Nw 5th Avenue
Miami, FL 33127
Listing Updated: October 31, 2026 at 8:58:46 AM PDT