For Sale
$18,300,000

4401 2Nd AveMiami, FL 33127

Prime Wynwood land, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Miami, Florida investment opportunity encompasses a 92,145 square foot mixed-use land portfolio in the vibrant Wynwood neighborhood. Located across multiple addresses in Miami-Dade County, zip code 33127, this fee-simple offering presents a unique redevelopment prospect. The portfolio is zoned Miami21 and offers a compelling price per square foot of $198.60. The property is comprised of several parcels, each with distinct development potential, allowing for flexible acquisition strategies – purchase the entire portfolio or individual parcels. Potential uses include residential (townhouses and co-living), retail (restaurant/lounge), and short-term rentals. One parcel includes existing structures suitable for repositioning, while others offer the chance to build new. Preliminary plans for townhouse and co-living developments are available. Currently generating income from short-term rentals and a leased single-family home, this portfolio offers diverse revenue streams and significant upside potential in a high-barrier-to-entry market. The asking price for the entire portfolio is $18,300,000. This represents a rare chance to capitalize on Wynwood's dynamic growth and high demand.

Highlights

  • High barriers to entry in a desirable market.
  • Located in Wynwood, Miami's premier retail district.
  • 92,145 SF (over 2 acres) of prime land.
  • Individual parcels available for separate purchase.

Property Details for 4401 2Nd Ave

Property type
Retail properties, Mixed-use properties
Square Feet
92,145 SF

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8160372
Longitude
-80.1994591
4401 2Nd Ave, Miami, Florida

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4401 2Nd Ave
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