Property Specs:

+  Property Address: 2830 NW 5 Avenue, Miami, FL, 33127

+  Asking Price: $12,500,000

+  Building Size: 14,000 SF

+  Lot Size: 17,160 SF

+  Use: Adaptive Reuse into Retail/Office or Ground Up Development

+  Zoning: T6-8 O NRD-1

+  Max Stories: 12 Stories with bonuses

+  Density (w/Bonuses): 89 Units or 177. Keys

+  FLR (w/Bonuses): 164,736 SF

+  Eligible for Live Local: Allowing for max. height within 1 mile and max. density in local jurisdiction

Wynwood:

Today, Wynwood is the most important community of arts and creative businesses in the United States. With over 400+ businesses, 200+ street murals, 30+ eateries, and encompassing over 50 city blocks.

Wynwood is currently undergoing an unprecedented transformation, with a pipeline of over 6,000 residential units, 400 hotel rooms, and 1.6M SF of office space, setting the stage to create the epitome of the live, work, play ecosystem.  So far, this transformation has attracted world renowned tech and creative companies like Spotify, Wework, Founder’s Fund, Livenation, as well as popular restaurants like Momosan, Uchi, Pastis, and national and international developers like Related, AMLI, Fifield, Related, The Collective, PMG, Quadrum, and L&L, among others.

With its clearly defined trajectory, Wynwood is poised to become without a doubt United States’ most important epicenter for tech, creative businesses, and an example of urban revitalization around the world.  New residential, hotel, and office projects are announced every month, and major infrastructure changes are planned for the district.  Some infrastructure proposals include the Wynwood Streetscape Master Plan, and the Brightline commuter station, which would connect Wynwood with Downtown Miami, Fort Lauderdale, West Palm Beach, and Orlando.