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Wynwood Development Site 2214 N Miami Ave 21,543 SF 100% Leased Retail Building Miami, FL 33127 $21,625,600 CAD ($1,003.83 CAD/SF)



INVESTMENT HIGHLIGHTS
- Prime Infill Development Site
- Zoned: T6-8-O/NRD-1
- Dwelling Units: 54 As Of Right/71 With Bonus/202 Via Live Local
- Within Transit Corridor
- Floors: 8 As Of Right/12 With Bonus/49 Via Live Local
- Hotel: Up To 12 Floors & 236 Keys
EXECUTIVE SUMMARY
This 20,464 SF property, with an existing 21,515 SF building, is zoned T6-8-O, lay within Wynwood’s NRD-1 and a designated transit corridor. This provides significant development flexibility, allowing for a wide variety of projects, increased density, reduced parking requirements, substantial height potential, and up to 150 dwelling units per acre as of right. Benefiting from strong visibility, dual frontage, transit connectivity, Live Local eligibility and proximity to a growing pipeline of Class A development, 2214 N Miami Avenue is a prime site for mixed-use development that reflects the district’s continued evolution into Miami’s premier fully integrated, walkable urban destination.
2214 N Miami Ave is strategically located at the southeastern gateway to the Wynwood Arts District, one of Miami’s most activated and reimagined urban submarkets. The site offers direct connectivity to Midtown, Edgewater, Downtown Miami, and the Design District. Situated on Wynwood’s primary through artery, the site links cultural, residential, and commercial districts.
Please see the Offering Memorandum for additional information and massing studies.
2214 N Miami Ave is strategically located at the southeastern gateway to the Wynwood Arts District, one of Miami’s most activated and reimagined urban submarkets. The site offers direct connectivity to Midtown, Edgewater, Downtown Miami, and the Design District. Situated on Wynwood’s primary through artery, the site links cultural, residential, and commercial districts.
Please see the Offering Memorandum for additional information and massing studies.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
21,543 SF
Building Class
C
Year Built/Renovated
1948/2019
Price
$21,625,600 CAD
Price Per SF
$1,003.83 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.05
Lot Size
0.47 AC
Zoning
T6-8-O/NRD-1 - Commercial
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-3125-048-0120 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $10,203,143 CAD |
PROPERTY TAXES
Parcel Number
01-3125-048-0120
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$10,203,143 CAD
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Wynwood Development Site | 2214 N Miami Ave
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