2000 N. Miami Ave

Sold to:
Clearline

New York developer Jenny Bernell, former executive vice president of development at Kushner Companies, paid $19.1 million for the assemblage at 2000 North Miami Avenue and 2021 Northwest Miami Court in Miami’s Wynwood neighborhood. 

Metro 1 founder Tony Cho and managing director Juan Andres Nava represented the seller, LGL Realty. 

The property is in the southeast quadrant which has seen a ton of activity recently and is poised to be Wynwoods next frontier. 

“Since there is not much more land available in Wynwood, especially at reasonable prices, the southeast quadrant is finally coming together,” Nava said.

A mixed-use project is planned on the site that will likely include apartment rentals. Nava said the assemblage is the last undeveloped property in the area with zoning for more than 300 units. The land’s T6-8-O zoning allows for 310 units and 12 stories of development under Wynwood’s NRD-1 overlay district.

“A lot of people that we showed this pre-pandemic were kicking themselves that they missed it post-pandemic,” he said.