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Wynwood Norte Development Opportunity
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227 NW 33rd St, Miami, FL 33127

Development opportunity in Wynwood Norte, close to Design District.

Property Size5,000 SF
Price / SF$240
Days on Market715

Property Features for 227 NW 33rd St

General Information

Standard status Active
Size 5,000 SF
Property subtype Multifamily
Listing Agency: LX Realty LLC
Listed By: Jorge L Ramirez · License #3322476
Source: Crexi
Added: Aug 22, 2024 Changed: Jul 6 Last Checked: Aug 6 at 11:53AM

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 LX Realty LLC

Investment Insights

Based on property information with market context.

This property presents a development opportunity in Wynwood Norte. The site is located close to The Design District and The Shops at Midtown. The property allows for construction of up to 4 stories and 17 units, depending on square footage per unit. It is situated within the City of Miami approved Neighborhood Revitalization District, which allows more flexibility to introduce multi-family housing and other neighborhood businesses. The property size is 5000 square feet.

Key Highlights

  • Development opportunity in Wynwood Norte.
  • Build up to 4 stories and 17 units.
  • City of Miami approved Neighborhood Revitalization District.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Buffet Nursing Home Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,008
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development opportunity in Wynwood Norte, close to Design District.
Where is this commercial land located?
The property is located at 227 NW 33rd St Miami, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Development opportunity in Wynwood Norte.; Build up to 4 stories and 17 units.; City of Miami approved Neighborhood Revitalization District.
(786) 277-9863 Call to check price and availability
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