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$32,000,000

For Sale

$32,000,000

THE WYNWOOD CORE DEVELOPMENT SITE !‍‍2724 NW 2ND AVENUEMIAMI, FL 33127

Description

THE WYNWOOD CORE DEVELOPMENT SITE!

2724 NW 2ND AVENUE

MIAMI, FL 33127

The Wynwood Core Development Site is located at the gateway of Wynwood proper on the main high street, NW 2nd Avenue. Located to the adjacent north, Wynwood Walk, which is Wywnood’s largest single retail asset comprising over 63,000 sq ft of dynamic retail which include tenants such as Yoyoso, and Bottled Blond. Located adjacent to the South, NOMAD Residences and Hotel with CASA TUA Cucina on the group floor, comprising of 329 units and a 9-story building. NOMAD Condo Residences and Hotel featuring CASA TUA Cucina on the ground level is currently being built next door. That development is located directly to the south and includes 329 units and a 9-story building. This site presents an opportunity to build a core-infill Wynwood development in the center of all the action in one of the country's most energetic new urbanist pedestrian-centric cool-street neighborhoods. Retail, Condo, Hotel, Residential, or Office, are all programmatic development options for this main avenue site which is located in the dynamic Wynwood neighborhood and burgeoning city of Miami.

SUMMARY

SALE PRICE: $32,000,000

LAND SIZE: 30,700 SF .7 Acres

ZONING: T5-O WW-NRD

DENSITY: 157/315 Doors, Keys

GROSS BUILDABLE:  221,040 SF

ADJ. PRICE PER DOOR: $41.5k/door

ADJ. PRICE PER KEY: $21.7/key

HIGHLIGHTS

  • Last True “Core Infill” Wynwood Development Site
  • Main High Street NW 2nd Development Site
  • Efficient Development Envelope with Prominent Retail Location
  • High Visibility with As-Of Right Entitlements within WW-NRD

ADDITIONAL PHOTOS


https://dwntwnrealtyadvisors.com/inventory?propertyId=1069445-sale&tab=map

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