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    154 30Th St Miami, FL 33127

    For Sale
    $2,500,000

    Prime Wynwood location, high-density zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional $2,500,000 property, located at 154 NW 30th St, Miami, FL 33127, presents a unique investment opportunity in Miami's rapidly evolving Wynwood neighborhood. Situated at the nexus of Wynwood, Midtown, and Wynwood Norte, this site is poised to benefit from the area's dramatic transformation into a vibrant mixed-use district, often compared to New York City's SoHo. The property's T6-5O zoning designation allows for the development of a high-density, mixed-use project, encompassing residential, office, and retail spaces. Plans can accommodate up to five stories, with potential for additional height allowances, maximizing development potential. This strategic location is experiencing a surge in new office developments and corporate relocations, fueled by the presence of established companies like Spotify and WeWork, and the influx of major corporations such as Blackstone and Founders Fund. This significant influx of businesses further underscores the growing demand for both commercial and residential spaces in the area. An adjacent property of 6900 square feet is also available upon request, presenting an opportunity to expand the development scope significantly. This is a rare chance to capitalize on the early stages of this exciting transformation in a prime Miami location.

    Property Features for 154 30Th St

    General Information

    Property type
    Specialty properties

    HighLights

    • $2,500,000 Asking Price
    • Special Purpose Property Type in Miami, FL
    • Located at 154 NW 30th St, Miami, FL 33127
    • T6‑5O zoning allows high‑density mixed‑use development (residential, office, retail) up to 5 stories plus potential height bonuses.
    • Prime location at the intersection of Wynwood, Midtown, and Wynwood Norte, experiencing rapid growth.
    • Adjacent 6,900 SF property also available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Automated Hub - Most ... Software Company

    Suggested Use

    Law Firm Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Accounting Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1983184
    Latitude
    25.8045845

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    FAQs

    What type of property is this?
    Specialty property - Prime Wynwood location, high-density zoning.
    Where is this specialty property located?
    The property is located at 154 30Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 Asking Price; Special Purpose Property Type in Miami, FL; Located at 154 NW 30th St, Miami, FL 33127
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    154 30Th St Miami, FL 33127
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    Miami, FL 33127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    154 30Th St Miami, FL 33127
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