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Key Details
Sold Price $2,800,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Northern Blvd Track
MLS Listing ID A11497753
Sold Date 08/19/24
HOA Y/N No
Annual Tax Amount $15,249
Tax Year 2022
Property Description
The subject property consists of a 12,000 SF prime development opportunity across two lots strategically located in Wynwood Norte. There are currently 2 buildings with 3 residential units. The site has approved plans for 40 residential units and 3 commercial units. The location benefits from high-density T5-L zoning falling within the Wynwood Norte NRD2 overlay, allowing for 150 units per acre, 5 stories by right, with an additional 3 stories available via bonus. The property is strategically located on NW 5th Ave, the northern corner of Wynwood Norte, minutes away from Miami’s trendy Wynwood Arts District, Midtown Miami, and the Design District. Additionally, the property is within close proximity to the I-195 exit which connects to the I-95.
Location
State FL
County Miami-dade County
Community Northern Blvd Track
Area 31
Exterior
Utilities Available Other, Sewer Not Available
Waterfront No
Street Surface Other
Building
Sewer None
Water Public
Others
Tax ID 01-31-25-024-0300
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Alphabet International Realty, LLC.
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