145 Northwest 30th Street, Miami, FL 33127

Wynwood One is a 20,700 SF three-parcel assemblage totaling 0.475 acres with 150 feet of street frontage. The property is zoned T5-L / NRD-2 under the Wynwood Norte overlay and is approved for a 70-unit mixed-use vertical project with four ground-floor retail bays delivered in warm vanilla shell. The plan also includes 37 parking spaces and by-right STR capability. The site is fully assembled and currently contains two small single-family structures on the west portion. Ownership has invested approximately $7.5 million to bring the property to its current near-permit-ready posture, with schematic and design development by GGR Architects and MKDA serving as architect of record. General contractor Grycon is near GMP-ready at approximately $21.5 million in direct hard costs, with remaining pre-permit items described as primarily administrative and expected to be resolved within a few months of closing.

The property is positioned within Wynwood Norte, a 207-acre multi-generational neighborhood centrally located within the Downtown Miami boundary. The site is described as being within minutes of the Wynwood Arts District, Miami Design District, Edgewater, and the Shops at Midtown Miami, with access context noted via Northwest 2nd Avenue.

This site supports multiple execution paths including a multifamily build-to-hold approach as the primary strategy, with by-right STR as a secondary option and condo sell-out as a tertiary option. Reported materials also reference a 70-unit condo program supported by a January 2026 pricing matrix and, for the multifamily path, an NOI estimate and associated buyer yield-on-cost and projected five-year levered IRR.