Investor Alert: Covered Land Play in Wynwood Norte – No Parking RequiredRare 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… Read More / 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 rightNo parking required (sub-20,000 SF project)Existing duplex for interim incomeHigh-growth location near Wynwood, Midtown, and the Design DistrictA true value-add opportunity with multiple execution paths—build now, hold with income, or entitle for future upside. Read Less
Courtesy of Fausto Commercial Realty Consultants Inc 786-748-7373
Listing Snapshot
Days Online
76
Last Updated
Property Type
Duplex
Square Ft.
900
Year Built
1957
MLS Number
A11995801
Additional Details
Building
Built in 1957, Living area: 900, Construction materials: "Block", Toal building area: 960, 2 total units
Cooling
"Central Air"
Floors
"Laminate"
Heating
"Separate Meters"
Property
Zoning: 3900
Sewer
"Public Sewer"
Taxes
Annual amount: $12,606
Utilities
"Cable Not Available"
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