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This location is under the WYNWOOD NORTE REVITALIZATION DISTRICT (NRD-2). The area was recently rezoned T-4R which expands the opportunities for the neighborhood.
Development Land opportunity.
This single family home lays on a 5,000 SQ FT lot which has been rezoned under the NRD-2 Urban Core opportunity zone. City of Miami allows for developers to build up to 4 floors and up to 17 rental units. Zero parking also allowed to enable maximum number of units (3 floors and 70% lot coverage) 5000 sf per lot.
Excellent home located 2 blocks from Midtown.This spacious 3 bedrooms 2 bathrooms home features a separate guest house.
This property is being sold as is for the land value and redevelopment.
This home is currently leased as Airbnb approximately $138K/year.
This area truly encapsulates the essence of the ideal luxurious Florida lifestyle.
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