2010 NW 1st Ave Miami, FL 33127

Listing agency Marcus & Millichap - Miami Show Phone

Listed by Ryan Shaw · License #FL SL3046910

Source Crexi

Added: Apr 12 Updated: Jul 20 at 11:25PM Checked: Jul 21 at 11:18AM

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Investment Insights

Based on property information with market context.

The offering consists of two pairs of adjacent development parcels in Wynwood, presented as development land for a future redevelopment program. The property is currently occupied by two tenants on modified gross leases, with the opportunity for a new landlord to execute a termination with 90-day notice.

The parcels are within the NRD-1 Wynwood zoning section of Miami, sitting on an overlay of the T6-8-O Urban Core Zone. The liberal zoning supports a variety of commercial uses, including office, retail, multi-family, and hospitality.

The two folios on the West side provide 79,500 total buildable square feet, while the two folios on the East side provide a total of 59,067 square feet, with potential development up to eight stories.

Key Highlights

• Two pairs of adjacent development parcels in Wynwood total 0.679 acres (29,615 SF) on NW 1st Court
• Occupied by two tenants on modified gross leases with potential for landlord to provide 90‑day termination notice
• Located in NRD‑1 Wynwood zoning (Section of Miami) with a T6‑8‑O Urban Core Zone overlay

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FAQs

What type of property is this?

Commercial land - Two pairs of adjacent development parcels in Wynwood are currently leased on modified gross terms.

Where is this commercial land located?

The property is located at 2010 NW 1st Ave Miami, FL.

What are key features of this property?

This property features: Two pairs of adjacent development parcels in Wynwood total 0.679 acres (29,615 SF) on NW 1st Court; Occupied by two tenants on modified gross leases with potential for landlord to provide 90‑day termination notice; Located in NRD‑1 Wynwood zoning (Section of Miami) with a T6‑8‑O Urban Core Zone overlay