559 NW 34th St, Miami, FL 33127
Local realty services provided by:First Service Realty ERA Powered
Listed by: martina smolakova
Office: fausto commercial realty consultants inc786-748-7373
MLS#:A12031649
Source:SEFMLS
Price summary
- Price:$1,800,000
About this home
Exclusive Wynwood Norte infill opportunity in one of Miami’s fastest-growing urban districts, with direct access to Midtown, Edgewater, Design District, Brickell, and Miami International Airport.
The 7,150 SF T5-O site includes plans under City of Miami review for a 24-unit multifamily development. Entitlements are well advanced, with approvals expected in ~5 months, significantly reducing pre-development time. Ownership will assist through final approvals to help expedite delivery.
The design features all 2-bedroom, 2-bathroom units, optimized for traditional leasing or co-living. Each bedroom has private bath access, maximizing rent per bedroom. Comparable Wynwood co-living projects such as i5 Wynwood are achieving ~$1,350 per bedroom.
Offered at $1.8M ($75K per unit and ~$252 PSF), the asset sits in a high-growth submarket with strong demand, population growth, and ongoing redevelopment.
Ideal for developers seeking a near-term groundbreaking opportunity with reduced entitlement risk and flexible leasing strategies. Financing, lender, architect, and GC introductions available....
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Home facts
- Subdivision & Development:DEVONSHIRE PARK SUB
- Listing ID #:A12031649
- Updated:August 02, 2026 at 09:54 AM
Structure and exterior
- Lot area:0.16 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$1,800,000
- Tax amount:$22,352 (2025)
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