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475 NW 36th Street - Midtown Development Site 0.7 Acres of Commercial Land Offered at $16,751,040 CAD in Miami, FL 33127
INVESTMENT HIGHLIGHTS
- Located Just Between Midtown, Wynwood And The Design District
- Site Benefits From High Density Wynwood NRD-2 Zoning, Allowing For 150 Units Per Acre And 12 Stories By Right
- Great Opportunity For Infill Development And Live Local Play
- Close Proximity To The I-195 And I-95
EXECUTIVE SUMMARY
DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 475 NW 36th St, Miami FL 33127. The subject property is a 30,685 SF infill development site zoned T6-8-O, permitting up to 12 stories and 150 units per acres by right for residential, hotel, office, and/or mixed use via bonus with the recently implemented NRD-2 zoning overlay. The site represents a unique opportunity to capitalize on the Live Local Act (LLA) and comfortably develop up to 30 stories and 290 residential units. The LLA allows this site to mimic the Edgewater and Midtown zoning capabilities of 36 stories and 1,000 du/acre. The property is strategically located on the corner of NW 5th Ave and NW 36th Street, the northeastern corridor of Wynwood Norte, minutes away from Miami’s trendy Wynwood Arts District, Midtown Miami, and the Design District. Additionally, the site is in close proximity to the I-195 exit which connects to the I-95, with an approximate 140,000 daily car traffic.
PROPERTY FACTS
| Price | $16,751,040 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.70 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | T6-8-O/ Wynwood NRD-2 - Mixed-Use | ||
| Price | $16,751,040 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.70 AC |
| No. Stories | 1 |
| Zoning | T6-8-O/ Wynwood NRD-2 - Mixed-Use |
1 LOT AVAILABLE
Lot
| Price | $16,751,040 CAD | Lot Size | 0.70 AC |
| Price Per AC | $23,779,533.35 CAD |
| Price | $16,751,040 CAD |
| Price Per AC | $23,779,533.35 CAD |
| Lot Size | 0.70 AC |
1 1
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 01-3124-002-1930 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $12,097,008 CAD |
PROPERTY TAXES
Parcel Number
01-3124-002-1930
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$12,097,008 CAD
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475 NW 36th Street - Midtown Development Site
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