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$ 9,000,000
Est. payment /mo
Active
176 NW 28th St Miami, FL 33127
0.26 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Donmoore Villa
MLS Listing ID A11889822
HOA Y/N No
Annual Tax Amount $21,288
Tax Year 2024
Lot Size 0.258 Acres
Acres 0.2577
Lot Dimensions 58x195
Property Description
Rare Wynwood condo-hotel development opportunity located steps from Wynwood Walls in one of Miami's most active pedestrian corridors. PCK Commercial presents a waiver-approved hospitality development site supporting a 120-key concept, totaling ±11,234 SF across three parcels with dual frontage on NW 27th and NW 28th Streets. The waiver package demonstrates an approximately 73,000 SF gross building program across 8 stories plus rooftop amenities, creating the opportunity for a lifestyle condo-hotel or hospitality residence project with STR flexibility. Zoned NRD-1 and backed by approved waivers—including a parking waiver in place through 2029—the site offers a streamlined path to deliver hospitality-driven residential product in the heart of Wynwood. Wynwood remains one of Miami's most supply-constrained hospitality markets with fewer than 500 hotel rooms serving more than 15M annual visitors annually, while new construction hospitality-residence projects in the neighborhood are currently asking approximately $900–$1,400+ PSF.
Location
State FL
County Miami-dade
Community Donmoore Villa
Area 31
Direction From I-95, take Exit 3A toward NW 8th Street. Continue east and turn left onto NW 2nd Avenue. Property is located between NW 27th Street and NW 28th Street, steps from Wynwood Walls.
Exterior
Utilities Available None, Sewer Not Available
Private Pool Yes
Building
Lot Description <1 Acre
Sewer None
Water Other
Others
Tax ID 01-31-25-029-0550
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11889822
Listed by Compass Florida, LLC
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