Commercial property in Miami, Florida № 2011336

Commercial property in Miami, Florida № 2011336
ID2011336 $ 7 700 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2011336

Property description

PRESENTING A 0.90-ACRE COVERED OPPORTUNITY WITH UNDERLYING INDUSTRIAL ZONING ALONG ALLAPATTAH’S ESTABLISHED NW 29TH STREET COMMERCIAL CORRIDOR. With flexible D1 industrial zoning in place, the offering consists of a multi-parcel assemblage totaling nearly a full acre, with various mixed-use structures from multi-family to retail that provide hold-over income while preserving long-term re-development upside. The existing improvements support a covered-land strategy for both developers and bullish land-bank investors alike. The property is supported by conceptual plans for a 12-story, 216-unit mixed-use Live Local development, illustrating the scale and density achievable through entitlement, and maximizing available strategies via the site’s location in an opportunity zone with Live Local eligibility. Positioned just west of I-95 and covering nearly a full city block at the closest possible proximity to Wynwood, the site benefits from strong visibility, stable traffic exposure, and direct connectivity to Miami’s urban core, making it well suited for entitlement-driven buyers seeking flexibility, scale, and multiple exit paths.
MLS #: A11957600
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CityMiami
Address727 NW 29th St, Miami FL 33127
TypeCommercial property
Price
  • Price
  • per m²
$ 7 700 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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