559 NW 34th Street, Miami, FL 33127

$1,800,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,800,000
Status
ACTIVE
Days on Market
42
MLS#
A12063858
Subtype
Land
Lot Size
7,150
Acres
0.16
Subdivision
Devonshire Park Sub
MLS Area Major
2310

Property Description

Exclusive Wynwood Norte infill opportunity in one of Miami’s fastest-growing urban districts, with direct access to Midtown, Edgewater, Design District, Brickell, and Miami International Airport. The 7,150 SF T5-O site includes plans under City of Miami review for a 24-unit multifamily development. Entitlements are well advanced, with approvals expected in ~5 months, significantly reducing pre-development time. Ownership will assist through final approvals to help expedite delivery. The design features all 2-bedroom, 2-bathroom units, optimized for traditional leasing or co-living. Each bedroom has private bath access, maximizing rent per bedroom. Comparable Wynwood co-living projects such as i5 Wynwood are achieving ~$1,350 per bedroom. Offered at $1.8M ($75K per unit and ~$252 PSF), the asset sits in a high-growth submarket with strong demand, population growth, and ongoing redevelopment. Ideal for developers seeking a near-term groundbreaking opportunity with reduced entitlement risk and flexible leasing strategies. Financing, lender, architect, and GC introductions available.

Additional Information

Taxes
$22,352
Elementary School
Eneida Massas Hartner
Middle School
Jose De Diego
High School
Booker T. Washington

Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact:

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks


All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.


Agent: Martina Smolakova | Email: martinasellsmiami@gmail.com