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Prime Wynwood Norte Development Opportunity 527 Nw 34th St 1 Unit Apartment Building $2,865,915 CAD ($2,865,915 CAD/Unit) Miami, FL 33127

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INVESTMENT HIGHLIGHTS

  • Prime Location Between Wynwood, Midtown, And Miami Design District, Near I-195
  • Covered Land Play With Existing Triplex Generating $5,000/Month Income
  • High-Density Wynwood NRD-2 Zoning: 150 Units/Acre, Up To 8 Stories, Mixed-Use Potential

EXECUTIVE SUMMARY

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 527 NW 34th Street, Miami, FL. The property consists of a 2,732 SF triplex on a 7,150 SF lot, generating $5,000/month in income. Zoned T5-O, the site allows for 24 units across 5 stories by right, plus 3 additional stories through the Wynwood Norte NRD-2 overlay, with commercial permitted at the ground level. This offering is best positioned as a covered land play, providing investors with immediate cash flow and a prime opportunity to capitalize on high-density redevelopment potential. The site is located within the bounds of the Wynwood Norte neighborhood, just a few blocks from the heart of Midtown and a short distance to the entrance of both Wynwood and the Design District. It also benefits from immediate access to the I-195 on-ramp, which connects directly to I-95. The property falls within the Wynwood Norte NRD-2 overlay and carries T5-O zoning, allowing for up to 150 residential units per acre and five stories by right, with up to three additional stories available via bonus density.

PROPERTY FACTS

Price $2,865,915 CAD
Price Per Unit $2,865,915 CAD
Sale Type Investment
No. Units 1
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 2,732 SF
No. Stories 2
Year Built 1930
Parking Ratio 2/1,000 SF
Zoning T5-O - mixed use

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+2 1 - 2,732
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37882677

  • Date on Market: 2025-09-30

  • Last Updated:

  • Address: 527 Nw 34th St, Miami, FL 33127

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