$2,100,000
Positioned in the vibrant heart of Wynwood Norte, a neighborhood distinguished by its rich tapestry of street art, eclectic eateries, and dynamic nightlife, this multifamily building is a rare investment opportunity priced at $2,400,000. Featuring eight one-bedroom, one-bath units, the property encapsulates the essence of urban living in Miami's most sought-after locale, steps away from the high- end shops of the Design District and the scenic allure of Miami Beach. The strategic importance of this investment is underscored by the 2021 zoning overhaul led by the Miami City Commission, which introduced transformative changes to Wynwood Norte. The updated zoning regulations permit a remarkable density of up to 150 units per acre, eliminating previous lot size density calculations and enabling expansive building potential. This enhancement is complemented by revised NRD-2 zoning rules that offer significant parking requirement flexibilities in T4 and T5 zones, where buildings under 20,000 square feet are exempt from parking requirements. This regulatory landscape promotes dense, infill development, aligning perfectly with Miami's vision for this thriving district. Whether maintaining its current use or exploring redevelopment possibilities, this offering is an unparalleled chance to tap into Wynwood Norte's vibrant growth, making it an ideal acquisition for investors aiming to capitalize on Miami's premier cultural and entertainment hub.
The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.
How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.
Scope: ZIP codes 33127, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.
Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.
6.76% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 10, 2026.
Foreign buyers are typically asked for 30–40% down, at rates 1–2 points above what US citizens pay. The rate above is the US-citizen product — enter your own rate if you know your terms.
Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.
Fausto Commercial Realty Consultants Inc
Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.
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