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$950,000
Miami, FL 33127
CHEFNEUX SUB
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 / 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.
Listing courtesy of Fausto Commercial Realty Consultants Inc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$950,000
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Listed by Martina Smolakova, Fausto Commercial Realty Consultants Inc