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$ 6,995,000
Est. payment /mo
Price Dropped by $705K
727 NW 29th St Miami, FL 33127
0.9 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Blvd Park
MLS Listing ID A11957600
HOA Y/N No
Annual Tax Amount $9,582
Tax Year 2024
Lot Size 0.900 Acres
Acres 0.9
Lot Dimensions 300x115
Property Description
PRESENTING A 0.90-ACRE COVERED OPPORTUNITY WITH UNDERLYING INDUSTRIAL ZONING ALONG ALLAPATTAH'S ESTABLISHED NW 29TH STREET COMMERCIAL CORRIDOR.
With flexible D1 industrial zoning in place, the offering consists of a multi-parcel assemblage totaling nearly a full acre, with various mixed-use structures from multi-family to retail that provide hold-over income while preserving long-term re-development upside. The existing improvements support a covered-land strategy for both developers and bullish land-bank investors alike.
The property is supported by conceptual plans for a 12-story, 216-unit mixed-use Live Local development, illustrating the scale and density achievable through entitlement, and maximizing available strategies via the site's location in an opportunity zone with Live Local eligibility.
Positioned just west of I-95 and covering nearly a full city block at the closest possible proximity to Wynwood, the site benefits from strong visibility, stable traffic exposure, and direct connectivity to Miami's urban core, making it well suited for entitlement-driven buyers seeking flexibility, scale, and multiple exit paths.
With flexible D1 industrial zoning in place, the offering consists of a multi-parcel assemblage totaling nearly a full acre, with various mixed-use structures from multi-family to retail that provide hold-over income while preserving long-term re-development upside. The existing improvements support a covered-land strategy for both developers and bullish land-bank investors alike.
The property is supported by conceptual plans for a 12-story, 216-unit mixed-use Live Local development, illustrating the scale and density achievable through entitlement, and maximizing available strategies via the site's location in an opportunity zone with Live Local eligibility.
Positioned just west of I-95 and covering nearly a full city block at the closest possible proximity to Wynwood, the site benefits from strong visibility, stable traffic exposure, and direct connectivity to Miami's urban core, making it well suited for entitlement-driven buyers seeking flexibility, scale, and multiple exit paths.
Location
State FL
County Miami-dade
Community Blvd Park
Area 31
Exterior
Utilities Available Other
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Other
Water Public
Others
Tax ID 01-31-26-009-0400
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11957600
Listed by The Alpha Commercial Advisors LLC
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