Multifamily Development
For Sale
$1,800,000
559 NW 34th Street, Miami, FL 33127
Ground-up plan for 24 two-bedroom units on a 7,150 SF lot with an existing 1,250 SF structure, zoned T5-O.
Property SizeContact for details
Days on Market66
Property Features for 559 NW 34th Street
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$22,352
Listing Agency:
FAUSTO COMMERCIAL REALTY CONSULTANTS INC
(305) 801-0759
Listed By:
MARTINA SMOLAKOVA · License #A12031649
Source:
Corcoran
Added: Jun 9
Changed: Aug 8
Last Checked: Jul 22 at 4:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FAUSTO COMMERCIAL REALTY CONSULTANTS INC
Investment Insights
Based on property information with market context.
This development opportunity is positioned for a ground-up multifamily project featuring previously approved plans for 24 two-bedroom units. The plans are currently undergoing revision review, reflecting an active, advanced path toward construction. The site includes a 7,150 SF lot with an existing 1,250 SF structure, and it is zoned T5-O.
Located at 559 NW 34th Street in Miami, the property is described as being in Wynwood Norte, with proximity to Midtown, Edgewater, Brickell, and the Design District, as well as Miami International Airport.
With its existing structure on-site and T5-O zoning supporting higher-density urban development, the property offers a foundation for developers looking to move forward with an approved 24-unit residential plan.
Located at 559 NW 34th Street in Miami, the property is described as being in Wynwood Norte, with proximity to Midtown, Edgewater, Brickell, and the Design District, as well as Miami International Airport.
With its existing structure on-site and T5-O zoning supporting higher-density urban development, the property offers a foundation for developers looking to move forward with an approved 24-unit residential plan.
Key Highlights
- 24‑unit ground‑up multifamily development plan with all units designed as 2‑bedroom units
- Site is 7,150 SF and includes an existing 1,250 SF structure
- Zoned T5‑O for flexible, higher‑density urban development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,320
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Ground-up plan for 24 two-bedroom units on a 7,150 SF lot with an existing 1,250 SF structure, zoned T5-O.
Where is this apartment building located?
The property is located at 559 NW 34th Street Miami, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 24‑unit ground‑up multifamily development plan with all units designed as 2‑bedroom units; Site is 7,150 SF and includes an existing 1,250 SF structure; Zoned T5‑O for flexible, higher‑density urban development
