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Wynwood Development Site

Listing was updated at: 12/04/2018
Wynwood Development Site Wynwood Development Site Wynwood Development Site Wynwood Development Site

Property Overview

Price/Rent PSF $ 2,175,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 4,242
Date Available 12/04/2018
Additional URL Link
Floors 2
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Description

Location
Known for its many colorful murals, Wynwood is one of the city’s most happening districts. Wynwood Walls is an outdoor museum showcasing large-scale works by some of the world’s best-known street artists. The surrounding streets have converted warehouses housing craft breweries and funky art galleries. A hip young crowd frequents the neighborhood’s chic clothing boutiques, stylish bistros and late-night bars.

Sale
Fantastic opportunity to acquire a multi-unit (6)apartment building in the heart of Wynwood. Walking distance to trendy art district, Wynwood Walls, Design District, fine dining and upscale shopping. The building is currently fully leased. Investors can generate income and then redevelop the property to its highest and best use, in the future. Zoned T5-O which allows developments up to 8 stories. Also, the NRD zoning allows for parking to be provided on-site or off-site through a centralized parking system in order to consolidate parking, encouraging walking and reducing the burden on property owners of mandated parking requirements onsite.

Location

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