Situated within Wynwood’s NRD-1 zoning overlay, the property provides an opportunity for Buyers to join a successful roster of neighboring developers such as Related Group, Lennar, and the Kushner Companies. The corner lot offers developers with the ability to develop residential or short-term lodging projects. Currently, the site allows for the development of up to 5 stories, 39 residential units, or 78 hotel/short term rentals. The property currently houses a successful multi-family building with 10 units that are currently leased on short term leases. Financial information is available upon request. Additionally, the neighboring property is also for sale for a potential to assemble up to 16,950 SF of total land area.
