Wynwood Norte development opportunity! 7,150 SF lot is Triplex Teardown zoned TR-4/NRD-2. Parcel-specific zoning information indicates a maximum potential of 22 residential units at a stated density of 150 units per acre; buyer to independently verify all zoning, density, unit-count, development, and permitting requirements with the appropriate municipality. Existing rental income includes the main unit at $950/month and the rear unit at $1,500/month. The main unit may be renovated as needed. Two tenants are reportedly willing to remain with a new owner while plans are developed and construction timing is determined. Property is being offered primarily for land value and redevelopment potential. Ideal for investors, builders, and developers seeking a Wynwood Norte opportunity. Triplex configuration, occupancy, rents, zoning, and development potential are subject to buyer verification and due diligence.
| MLS # | A12080424 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 53 |
| Listing Provided By | JFA Realty Co | Gina Sosa |
| Zoning | 3900 |
|---|---|
| Acreage | 0.16 |
| Lot Features | Less Than Quarter Acre |
|---|
| Tax Annual Amount | 12404 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 31 |
| Community Name | PRICES ADDN TO ST JAMES P |
| Listing VS Median (in PRICES ADDN TO ST JAMES P) | |
Price: $1,455,000 low | high Med: $577,250 On site: 53 low | high Med: 128 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 31 |
| Community Name | PRICES ADDN TO ST JAMES P |
| Listing VS Median (in PRICES ADDN TO ST JAMES P) | |
Price: $1,455,000 low | high Med: $577,250 On site: 53 low | high Med: 128 | |
![]() | $1,455,000145 Nw 31st StMiami, FL 33127 |
![]() | $1,455,000145 Nw 31st StreetMiami, FL 33127 |
![]() | $1,299,000134 Nw 32nd StreetMiami, FL 33127 |
![]() | $1,299,000134 Nw 32nd StreetMiami, FL 33127 |
![]() | $1,150,000120 Nw 32Miami, FL 33127 |