- For sale
Colliers, as exclusive listing broker, is pleased to present the unique opportunity to acquire a prime 18,700 SF boutique condo development site strategically located in the heart of Wynwood. The subject site consists of a hard-to-find assemblage of three lots positioned two blocks from Midtown Miami and the Wynwood Arts District. High-end retail, landmark restaurants, bars, galleries and exhibition spaces are all within walking distance of this unique site.
The site benefits from high-density Wynwood NRD2 zoning, which allows for 150 units per acre (64 buildable units) and five stories by right with an additional story available via bonus. Ownership has prepared an architectural design featuring a smart and carbon neutral/negative 60-unit condo building. The prospective buyer will be able to assume the design or create their own. This is a unique opportunity for a buyer to enter the Wynwood market with a boutique project and deliver a for sale condo product, which is high in demand.
Wynwood Norte is a unique multi-generational 207-acre neighborhood, which is centrally located within the Downtown Miami boundary in proximity to transit, schools and job centers. It is in the area north of 29th Street nestled between Wynwood, Midtown, Allapattah, and I-95/Buena Vista. Representing 10 percent of the total urban core area in Miami, Wynwood Norte is undergoing a great transformation thanks to the recent zoning change and rise of surrounding neighborhoods.