Home » Miami » 2721 NW 1st Ave, Miami, FL 33127 | A11616441

2721 NW 1st Ave, Miami, FL 33127 | For Sale

$12,712,500

Property Highlights

Listing ID A11616441 Status of this Listing: Active For Sale Property Type Land Lot area 3,600 Sqft/334.45 m2 approx. Time of this property on Rebonus 60 Day(s)
3 Photos of this Property

2721 NW 1st Ave, Miami, FL 33127

Property Description: Development site for sale, in Wynwood’s northeast quadrant. The subject property offers developers with a unique opportunity to acquire a corner site in one of Miami’s fastest growing sectors. The assemblage offers developers with the ability to develop residential, short-term lodging projects, or a mixed-use project. The site allows for the development of up to 5-8 stories, 99 residential units, or 198 hotel/short term rentals. Additionally, the property is ideally located along the avenue, which provides a development with ample retail frontage facing the proposed Wynwood Woonerf. Retail spaces facing 1 st avenue will have excellent retail potential and garner premium rental rates.

Useful Info

Original List Price:$12,712,500

Business Info

Gross Scheduled Income:0

Land Lot (Parcel) Details

Lot Size Acres:0.39
Lot Features:
  • <1 Acre
Lot Size Unit:Square Feet

Property Features

Waterfront:No
Current Use:
  • Other

Taxes and Expenses

Tax Annual Amount:$22,501

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024

Terms

Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Road Surface Type:
  • Other
Subdivision Name:Wynwood 1st Ave Assemblage
Senior Community:No

Parking

Covered Spaces:0

Utilities

Sewer:
  • Other
Utilities Available:
  • Other
Water Source:
  • Other

More Details

Other Information:
Flood Zone : X
FEMA Flood Zone Designations: X
Municipal Code: 1
Subdivision Number: 29

Zoning and Legal

Tax Legal Description:DONMOORE VILLA AMD PL PB 6-7 LOT 16 LESS S41FT BLK 4 LOT SIZE 50.000 X 72
Real Estate Folio Number (Parcel Number):01-31-25-029-0800
Zoning Description:6101
Public Survey Township:1
Public Survey Range:31
Public Survey Section:25

Listing History

Update/EventDate/Days
Published Date:July 1, 2024 5:31 pm
On Market Date:July 1, 2024
Price Change Date Time:July 1, 2024 5:31 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:July 1, 2024 5:31 pm
Status Last Changed:July 1, 2024 5:31 pm
Photos Last Modified:July 1, 2024 9:51 pm
Last Modified:July 3, 2024 3:44 pm
Days on the Market Reference Date:July 3, 2024
Days on the Market (updated on Last Modified*):2
Cumulative Days on the Market (updated on Last Modified**):2

Additional Information

Lot Size Range:Less Than 1 Acre
Number of Photos Count:3
Area:30
Ref ID:1076999738
Courtesy of:Gridline Properties
Universal Property Id:US-12025-N-0131250290800-R-N

Location

Show Property Address:Yes
Street Name:1st Ave
Street Number:2721
Street Direction Prefix:NW
Street Address:2721 NW 1st Ave
City : Miami
State : Florida
Zip Code : 33127
County : Miami-Dade County
Full Address:2721 NW 1st Ave, Miami, FL 33127
Latitude:N25° 48' 9.9''
Longitude:W81° 48' 10.8''

Neighborhood

Postal City:Miami

Property Map