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$ 900,000
Est. payment | /mo
900 SqFt
$ 900,000
Est. payment | /mo
900 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $1,000
Subdivision Chefneux Sub
MLS Listing ID A12057870
HOA Y/N No
Year Built 1957
Annual Tax Amount $12,606
Tax Year 2025
Property Sub-Type Duplex
Property Description
Investor Alert: Covered Land Play in Wynwood Norte – No Parking Required
Rare opportunity to acquire a 4,465 SF development site in Wynwood Norte, zoned T4-R within the NRD-2 overlay—allowing up to 15 units by right with no parking requirement (under 20,000 SF buildable threshold).
Currently improved with a 2-unit (2 bed / 2 bath) structure totaling 960 SF.
Positioned in one of Miami's most active urban infill corridors, this site provides a clear path to maximize density without the cost and inefficiency of structured parking. Ideal for developers seeking a streamlined project with strong unit yield in a high-demand rental market.
Key Highlights:
4,465 SF lot in Wynwood Norte (NRD-2 overlay)
Up to 15 units by right
No parking required (sub-20,000 SF project)
Existing duplex for interim income
High-growth location near Wynwood, Midtown, and the Design District
A true value-add opportunity with multiple execution paths—build now, hold with income, or entitle for future upside.
Rare opportunity to acquire a 4,465 SF development site in Wynwood Norte, zoned T4-R within the NRD-2 overlay—allowing up to 15 units by right with no parking requirement (under 20,000 SF buildable threshold).
Currently improved with a 2-unit (2 bed / 2 bath) structure totaling 960 SF.
Positioned in one of Miami's most active urban infill corridors, this site provides a clear path to maximize density without the cost and inefficiency of structured parking. Ideal for developers seeking a streamlined project with strong unit yield in a high-demand rental market.
Key Highlights:
4,465 SF lot in Wynwood Norte (NRD-2 overlay)
Up to 15 units by right
No parking required (sub-20,000 SF project)
Existing duplex for interim income
High-growth location near Wynwood, Midtown, and the Design District
A true value-add opportunity with multiple execution paths—build now, hold with income, or entitle for future upside.
Location
State FL
County Miami-dade
Community Chefneux Sub
Area 31
Interior
Heating None
Cooling Central Air, Ceiling Fan(s)
Flooring Other
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Other
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Others
Tax ID 01-31-25-040-0130
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12057870
Listed by Fausto Commercial Realty Consultants Inc