2721 1st Ave ,2721-2727 Nw 1st Ave for Sale

2721 1st Ave for Sale

Price $8,475,000.00

  • Lot size 11300
  • Year Build
  • Waterfront
  • Zip 33127
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
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Description

Situated within Wynwood?s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies. The corner lot offers developers with the ability to develop residential, commercial, or hospitality driven projects. Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel keys as of right. Alternatively, the site can also be developed as a commercial project that accommodates Office or Hospitality-driven projects. The sale may also include the plans and intellectual property for a proposed 37-unit luxury residential condo project that is close to being fully approved and permitted.

DONMOORE VILLA AMD PL PB 6-7 LOT 16 LESS S41FT BLK 4 LOT SIZE 50.000 X 72

Other Location, Less Than 1 Acre

Situated within Wynwood?s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies. The corner lot offers developers with the ability to develop residential, commercial, or hospitality driven projects. Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel keys as of right. Alternatively, the site can also be developed as a commercial project that accommodates Office or Hospitality-driven projects. The sale may also include the plans and intellectual property for a proposed 37-unit luxury residential condo project that is close to being fully approved and permitted.

City:Miami,Zoning:6101,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.8027622,List Price:8475000,Listing Id:A11598122,Longitude:-80.1970113,Mls Status:Active,Utilities:1:None,Current Use:1:Other Style,Postal Code:33127,Street Name:1st Ave,Coordinates:1:25.8027622,Lot Features:1:Less Than 1 Acre,Photos Count:5,Building Name:2721-2727 NW 1st Ave,Days On Market:20,Lot Size Acres:0.26,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:2721-2727 Nw 1st Ave,On Market Date:2024-05-30,Parcel Number:01-31-25-029-0800,Property Type:Commercial Land,Street Number:2721,Public Remarks:Situated within Wynwood?s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies. The corner lot offers developers with the ability to develop residential, commercial, or hospitality driven projects. Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel keys as of right. Alternatively, the site can also be developed as a commercial project that accommodates Office or Hospitality-driven projects. The sale may also include the plans and intellectual property for a proposed 37-unit luxury residential condo project that is close to being fully approved and permitted.,County Or Parish:Miami-Dade County,Frontage Length:100,List Office Name:Gridline Properties,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:2721-2727 NW 1st Ave,Tax Annual Amount:22501,Unparsed Address:2721 NW 1st Ave, Miami FL 33127,Listing Agreement:Exclusive Agency,Building Area Units:Square Feet,Lot Size Dimensions:100x213,Lot Size Square Feet:11300,M I A M I R E_ L P Amt Sq Ft:750,Original List Price:8475000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:Situated within Wynwood?s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies. The corner lot offers developers with the ability to develop residential, commercial, or hospitality driven projects. Currently, the site allows for the development of up to 8 stories (with bonuses), 39 residential units, or 78 hotel keys as of right. Alternatively, the site can also be developed as a commercial project that accommodates Office or Hospitality-driven projects. The sale may also include the plans and intellectual property for a proposed 37-unit luxury residential condo project that is close to being fully approved and permitted.,Listing Contract Date:2024-05-30,Originating System I D:miamire,Public Survey Section:25,Showing Instructions:Call Listing Agent,Street Number Numeric:2721,Tax Legal Description:DONMOORE VILLA AMD PL PB 6-7 LOT 16 LESS S41FT BLK 4 LOT SIZE 50.000 X 72,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Internet Remarks:This property presents an exciting opportunity for developers looking to enter the Wynwood market.,Contract Status Change Date:2024-05-30,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,

  • Price $8,475,000.00
  • Price Change: 2024-05-30
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Land
  • Status Active
  • Listed 2024-05-30
  • Days on Market 50
  • Furnished
  • City Miami
  • Zip 33127
  • State Florida
  • Subdivision
  • Development Name 2721-2727 NW 1st Ave
  • HOA Fees
  • Taxes 22501
  • Taxes Year 2023
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