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Investment Highlights

  • 4,465 SF lot in Wynwood Norte (NRD-2 overlay) Up to 15 units by right

Executive Summary

Investor Alert: Covered Land Play in Wynwood Norte – No Parking Required
Rare opportunity to acquire a 4,465 SF development site in Wynwood Norte, zoned T4-R within the NRD-2 overlay—allowing up to 15 units by right with no parking requirement (under 20,000 SF buildable threshold).
Currently improved with a 2-unit (2 bed / 2 bath) structure totaling 960 SF, this property offers immediate flexibility as a covered land play—generate income while advancing plans, or move straight into redevelopment.
Positioned in one of Miami’s most active urban infill corridors, this site provides a clear path to maximize density without the cost and inefficiency of structured parking. Ideal for developers seeking a streamlined project with strong unit yield in a high-demand rental market.
Key Highlights:
4,465 SF lot in Wynwood Norte (NRD-2 overlay)
Up to 15 units by right
No parking required (sub-20,000 SF project)
Existing duplex for interim income
High-growth location near Wynwood, Midtown, and the Design District
A true value-add opportunity with multiple execution paths—build now, hold with income, or entitle for future upside.

Property Facts

Price $1,463,909 CAD
Sale Type Investment
Sale Conditions
Build to Suit
  • Deferred Maintenance
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.10 AC
Zoning T4-R - Wynwood Norte Neighborhood Revitalization District (NRD-2) with a base zoning of T4-R (Urban Transect 4 - Residential).

1 Lot Available

Lot

Price $1,463,909 CAD
Price Per AC $14,281,756.61 CAD
Lot Size 0.10 AC

4,465 SF development site in Wynwood Norte, zoned T4-R within the NRD-2 overlay—allowing up to 15 units by right with no parking requirement (under 20,000 SF buildable threshold).

Description

2-unit (2 bed / 2 bath) structure totaling 960 SF, this property offers immediate flexibility as a covered land play—generate income while advancing plans, or move straight into redevelopment.

Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
  • Listing ID: 40089059

  • Date on Market: 2026-04-09

  • Last Updated:

  • Address: 270 NW 35th St, Miami, FL 33127

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