Wynwood Corner Lot
For Sale
Contact for pricing
97 NW 27th St, Miami, FL 33127
Corner lot in Wynwood NRD-1 zoning overlay.
Property SizeContact for details
Days on Market768
Property Features for 97 NW 27th St
General Information
Standard status
Active
Property subtype
Multifamily, Land
Zoning
6107
Listing Agency:
Gridline Properties
(305) 507-7098
Listed By:
Mateo Romero · License #FL SL3371935
Source:
Crexi
Added: Jul 3, 2024
Changed: Aug 8
Last Checked: May 12 at 8:51PM
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 Gridline Properties
Investment Insights
Based on property information with market context.
This corner property is located in a rapidly growing area of Miami, within Wynwood’s NRD-1 zoning overlay. It presents a development opportunity for residential or short-term lodging projects. The site allows for the construction of up to 5 stories, accommodating 39 residential units, or 78 hotel/short-term rentals. Currently, the property features a multi-family building with 10 units leased on short-term leases. Financial details are available upon request. The adjacent property is also for sale, offering the potential to assemble up to 16,950 square feet of total land area. This provides an opportunity to develop a project that faces NW 1st Avenue and the planned Wynwood Woonerf program, which may allow for retail potential on the avenue. The location provides access to major transportation routes and public transportation. The seller is open to considering Joint Venture opportunities and other deal structures. There is a possibility to assemble neighboring sites.
Key Highlights
- Prime Wynwood location within NRD‑1 zoning, allowing for residential or short‑term lodging development.
- Development potential for up to 5 stories, 39 residential units, or 78 hotel/short‑term rentals.
- Opportunity to join established developers like Related Group, Lennar, and Kushner Companies.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,248
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner lot in Wynwood NRD-1 zoning overlay.
Where is this commercial land located?
The property is located at 97 NW 27th St Miami, FL.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Prime Wynwood location within NRD‑1 zoning, allowing for residential or short‑term lodging development.; Development potential for up to 5 stories, **39 residential units, or 78 hotel/short‑term rentals**.; Opportunity to join established developers like Related Group, Lennar, and Kushner Companies.
