150 21st St, Miami, FL 33127-4832

This exceptional 21,200 square foot commercial land parcel is located at 150 NW 21st St, Miami, FL 33127, in the heart of Wynwood's vibrant retail district. Zoned Wynwood NRD-1 T5-O, this site allows for the construction of an eight-story building, with potential for a mixed-use development or boutique hotel. The permitted zoning allows for 73-109 units with bonus, or 146-219 keys, resulting in a total surface area of 135,000 square feet. Currently operating as an event venue and film studio, the property boasts a current assembly license, facilitating special events. Its strategic location on 21st Street, just a block from NW 2nd Avenue, places it at the center of Wynwood's dynamic growth. The asking price is $13,950,000, translating to $2,184.87 per square foot. With over 35 developments currently under construction or planned in Wynwood, including a significant pipeline of residential and retail projects, this site presents a compelling investment opportunity in a rapidly evolving neighborhood. The property's potential for upzoning under the Live Local Act further enhances its value proposition. This is a rare chance to acquire a substantial development site in one of Miami's most sought-after areas.