$1,800,000
Prime Wynwood Development & Investment Opportunity! Located in the heart of the world-renowned Wynwood Arts District, this exceptional property is surrounded by vibrant murals, art galleries, boutiques, trendy restaurants, bars, and antique shops. Situated on a 7,464-square-foot lot along the highly sought-after double-wide NW 5th Avenue, the property benefits from a beautifully landscaped median stretching between NW 29th Street and NW 36th Street. The property's desirable T5 zoning allows for higher-density, mixed-use development, offering outstanding potential for retail, office, and residential uses. Whether you're looking to redevelop or generate immediate rental income, this is a rare opportunity in one of Miami's most dynamic and rapidly evolving neighborhoods. Features two income-producing units: one with 3 bedrooms and 2 bathrooms, and the other with 2 bedrooms and 1 bathroom. Both units provide excellent rental potential while investors plan for future development. With Wynwood's continued growth, strong demand, and unmatched cultural appeal, this property presents an exceptional opportunity for investors and developers seeking to capitalize on one of Miami's most desirable and thriving markets.
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.
6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.
Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.
Optimar International Realty
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