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$ 1,800,000
Est. payment | /mo
7,143 Sqft Lot
$ 1,800,000
Est. payment | /mo
7,143 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Devonshire Park Sub
MLS Listing ID A12031649
HOA Y/N No
Annual Tax Amount $22,352
Tax Year 2025
Lot Size 7,143 Sqft
Acres 0.164
Lot Dimensions 40x143
Property Description
We are pleased to present a rare multifamily development opportunity in the heart of Wynwood Norte, one of Miami's fastest-evolving urban core submarkets.
This 24-unit ground-up project is fully designed for efficiency, featuring twenty-four (24) 2-bedroom units with previously approved plans currently undergoing revision review—providing a streamlined and well-advanced path toward construction.
The property sits on a 7,150 SF lot with an existing 1,250 SF structure and is zoned T5-O, allowing for flexible and higher-density urban development.
Strategically located just minutes from Midtown, Edgewater, Brickell, the Design District, and Miami International Airport, the site benefits from immediate access to Miami's strongest employment centers, retail corridors, and rental demand drivers.
This is an exceptional opportunity for developers seeking a de-risked, design-forward project in a high-growth neighborhood with strong long-term fundamentals and continued appreciation potential.
This 24-unit ground-up project is fully designed for efficiency, featuring twenty-four (24) 2-bedroom units with previously approved plans currently undergoing revision review—providing a streamlined and well-advanced path toward construction.
The property sits on a 7,150 SF lot with an existing 1,250 SF structure and is zoned T5-O, allowing for flexible and higher-density urban development.
Strategically located just minutes from Midtown, Edgewater, Brickell, the Design District, and Miami International Airport, the site benefits from immediate access to Miami's strongest employment centers, retail corridors, and rental demand drivers.
This is an exceptional opportunity for developers seeking a de-risked, design-forward project in a high-growth neighborhood with strong long-term fundamentals and continued appreciation potential.
Location
State FL
County Miami-dade
Community Devonshire Park Sub
Area 31
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Present Use Other
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 01-31-25-020-0150
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12031649
Listed by Fausto Commercial Realty Consultants Inc
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