165 Wynwood

165 NW 33rd Street, Wynwood, FL 33127
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Description


“In Wynwood, the art covers the walls. Here, it comes with the address.”

Step out of your front door in Miami's most culturally charged neighborhood and look up. The south face of 165 Wynwood is not a blank wall — it is a full-scale mural, floor-to-roofline, in the bold geometric palette that has made Wynwood an international destination.

Most buildings in this neighborhood put the art across the street. At 165 Wynwood, the building is the art. That single design decision signals everything the development team was thinking when they conceived this project: not another glass box dropped into an arts district, but a building that earns its place in it.

165 Wynwood is a boutique collection of 16 fully furnished condos for sale in Wynwood Miami, rising over four stories with a rooftop pool above NW 33rd Street in the Wynwood North corridor.

At 16 residences total, the math on exclusivity here is not a marketing device — it is arithmetic. When NoMad Wynwood delivers 329 units, and The Rider at Wynwood brings another 146 to market, 165 Wynwood's 16-home community will remain in a category that those buildings structurally cannot enter.

There is no equivalent boutique offering in the immediate pipeline.

Developer

Alphabet Capital Group is a Miami-based development firm with a concentrated strategy: build small, build intentionally, and build in the neighborhoods where Miami's long-term growth story is being written.

The developer received the Key to Miami-Dade at the Beacon Council's 2025 ceremony — recognition of its contribution to economic development and innovation in the market.

Its residential portfolio in Wynwood extends beyond 165 Wynwood to include the adjacent 160 Wynwood and 5th Avenue Wyn, giving the firm an unusually deep understanding of this neighborhood block by block.

Architecture and engineering are handled by Conconcreto Arquitectura and Engineering, a Colombia-based firm that brings a Latin American eye for bold facade expression to a building whose most iconic feature — the full-building mural on the street-facing elevation — announces the building's identity before you reach the door.

The interior language is cleaner than the exterior: warm oak-toned cabinetry against light countertops, natural wood flooring, and full-height glazing that pulls the tree canopy of Wynwood North inside each residence.

The Building & Architecture

Four stories of residences and a rooftop are organized around a vertical mural that functions as both brand identity and a genuine public art contribution to the block.

The building's massing is compact by Wynwood standards — proportioned to a neighborhood of low-rise warehouses and art galleries rather than to Brickell — and the rooftop pool reads, from the street, as a quiet crown above the color below.

Each of the 16 residences is delivered fully furnished, a decision that removes the post-purchase friction most buyers underestimate.

The floor plans run from efficient studios — practical for investors targeting short-stay Airbnb bookings — to two-bedroom layouts at 670 sq ft that accommodate full-time residents or executive monthly renters.

Floor-to-ceiling glazing and private balconies are standard across all plans, bringing in the neighborhood's particular quality of light: filtered through a mature tropical canopy, not bouncing off a bayfront horizon.

Residences & Pricing

Every residence at 165 Wynwood is delivered fully furnished. Buyers purchasing condos for sale in Wynwood North at this address enter a turnkey investment from day one — no furnishing budget, no coordination lag before the first rental.

  • Studio D: 1 bathroom, 400 sq. ft., $375,000
  • Studio A: 1 bathroom, 410 sq. ft., $385,000
  • 1-Bedroom B: 1 bathroom, 550 sq. ft., $489,500
  • 2-Bedroom C: 2 bathrooms, 650 sq. ft., $591,000
  • 2-Bedroom E: 2 bathrooms, 670 sq. ft., $609,000

Prices per developer's published schedule. Confirm current availability with Bogatov Realty.

The studio plans at 400–410 sq ft are engineered for investment efficiency: low price point, no wasted square footage, immediate rental eligibility from closing.

The one-bedroom at 550 sq ft captures the largest segment of Wynwood's short-term rental demand — solo professionals or couples visiting Art Basel, attending a conference at the Miami Beach Convention Center, or relocating to the city for a trial period.

The two-bedroom plans at 650–670 sq ft open the building to resident buyers who want a permanent base in Wynwood, with the option to rent the secondary bedroom or return the entire unit to the rental market for years when they're elsewhere.

Amenities

The amenity program at 165 Wynwood is scaled honestly to 16 residents, not designed to impress in a brochure that will never be reread after purchase. What the building offers, every resident uses.

The rooftop pool occupies the full top level of the building, with deck seating and city-facing views over Wynwood North's low-rise canopy toward the Downtown Miami skyline visible to the south.

It is a genuinely usable amenity — not a lap pool shared with 300 strangers, but a rooftop space where 16 households are the practical maximum on the busiest Saturday in December.

An in-building elevator serves all floors, a practical detail that matters disproportionately to the short-stay rental market: guests arriving with luggage, the building's largest demographic, do not negotiate stairs.

Location & Wynwood North

Wynwood's geography matters more than most Miami neighborhoods, because the neighborhood has not gentrified evenly — it has gentrified block by block, anchored by Wynwood Walls at its center and expanding outward. 165 Wynwood sits in Wynwood North, the corridor above NW 29th Street that has been the neighborhood's frontier for the past several years.

This positioning comes with a clear-eyed caveat: the walk from 165 Wynwood to Wynwood Walls at NW 26th Street is approximately 10 minutes on foot — not a stroll to the front door, but a walk.

Buyers and renters who want to be in the core Wynwood art block have slightly farther to go than those from addresses farther south.

What Wynwood North trades for that distance is a different kind of street: quieter, more residential in character, with the warehouse aesthetic intact on more blocks.

The Brightline station under construction on NW 29th Street, approximately 4 blocks south, is the most consequential piece of infrastructure in the neighborhood's immediate future — connecting Wynwood directly to Fort Lauderdale, Boca Raton, Orlando, and Miami Airport on a dedicated rail corridor.

Properties within walking distance of the station are in the direct path of that demand shift. 165 Wynwood is in that radius.

Miami International Airport is 6 miles from the building via I-836, typically 20–25 minutes outside of peak hours—a journey that matters practically for the short-stay rental guest and for owners who treat this as a second home.

The Design District, home to Louis Vuitton, Hermès, and Prada flagships alongside Pharrell Williams's Joopiter and the de la Cruz Collection, is 1.2 miles northeast.

Midtown Miami's Target, Trader Joe's, and the Hyde Midtown complex sit 0.8 miles east on NE 36th Street — close enough for a grocery run without a car.

Wynwood does not offer quiet. NW 2nd Avenue, the district's commercial spine, operates from noon until well past midnight on weekends, with the bass from Gramps, Dante's HiFi, and El Patio audible several blocks in either direction on a busy Saturday night.

Buyers who prioritize residential silence should consider whether Wynwood North's relative remoteness from those blocks is a sufficient buffer or whether a different neighborhood better fits their profile.

Weekend in Wynwood North

Wynwood on a weekend morning has a specific tempo, and it does not start early. By nine, the neighborhood is quiet enough that you can hear the mockingbirds in the ficus trees lining NW 33rd Street.

  • The coffee shop most residents eventually reach is Panther Coffee on NW 2nd Avenue — the original 2010 location, not a franchise, with a long communal table that functions as a coworking space until eleven when the brunch crowd arrives, and the table fills with people nursing lattes they'll make last an hour.
  • By midday on a Saturday in October, the Wynwood Walls are already at capacity — the queue for entry forming at the NW 26th Street gate by noon, the surrounding blocks of galleries and pop-ups doing their best traffic of the week.
  • The building's location north of this center means residents can choose their relationship to the energy: walk down into it when they want it, or stay north of it when they don't.
  • KYU, the wood-fired Asian restaurant on NW 2nd Avenue that has had a reservation waitlist since it opened, is a 12-minute walk — far enough that you don't drift in accidentally, yet close enough that the walk there and back becomes part of the evening.
  • Sunday mornings shift registers entirely. The Wynwood Yard on NW 2nd Avenue opens its food market at ten, with a dozen vendors offering everything from Colombian empanadas to Vietnamese bánh mì to locally roasted single-origin coffee.

The crowd is young, mixed, and almost entirely local — not the weekend tourist cohort that fills the Walls on Saturday. It is the version of Wynwood that residents describe when asked why they stayed.

Investment Perspective

The investment case for 165 Wynwood rests on three converging factors. The first is explicit rental flexibility: the building permits both short-term rentals through Airbnb and VRBO and long-term leases with no minimum restriction.

This is not universal among Wynwood condos — NoMad Wynwood's short-term rental program runs through the hotel operator's management arm, which takes a revenue share and imposes operational constraints that direct-managed Airbnb does not.

  • At 165 Wynwood, the owner controls pricing, availability, and guest selection directly.

The second factor is the Brightline station at NW 29th Street, approximately 4 blocks south, targeted for completion in 2026. Per Brightline's own ridership data from its Fort Lauderdale corridor, station-area properties in walkable neighborhoods have seen consistent increases in rental demand as the rail network activates.

  • Wynwood North is positioned to capture that activation directly, and 165 Wynwood's 10-minute walk to the station places it within the practical walkshed.

The third factor is price point. At entry from $375,000 for a 400 sq ft studio, 165 Wynwood sits meaningfully below the Wynwood market's current median.

The Rider at Wynwood, launching at $400,000+ for comparable studio plans in a 146-unit building, and NoMad Wynwood, where fully furnished studios start above $460,000 and carry the hospitality brand premium in the asking price, both confirm that $375,000 for a delivered, furnished, Airbnb-eligible unit in this submarket represents genuine value relative to the competition.

  • Buyers evaluating those alternatives should note that neither 165 Wynwood's boutique scale — 16 residences — nor its pre-existing delivered status as of 2025 is replicable in the current Wynwood pipeline at this price level.

As with any real estate purchase, independent legal and financial due diligence is recommended. Bogatov Realty can refer qualified Miami-based attorneys with relevant experience.

Frequently Asked Questions

What is the current status of the 165 Wynwood project?

According to the developer’s published schedule, the 165 Wynwood project was slated for completion in 2026, and listings for individual units appeared on the MLS in early 2025, indicating that construction has been completed.

Are short-term rentals, such as Airbnb, permitted at 165 Wynwood?

Yes. Both short-term and long-term rentals, including Airbnb and VRBO, are explicitly permitted in the building, with no restrictions on frequency or minimum stay. This is a documented feature of the project and one of its key advantages for investors. Buyers should ensure that the current HOA documents reflect this policy at the time of closing.

What does a 55% down payment structure at closing mean in practice?

Buyers pay 45% of the purchase price in four installments before closing—reservation, contract signing, start of construction, and completion of construction—with the remaining 55% due only upon final handover of the property.

This structure concentrates the largest capital outlay at the stage when the buyer is already assured of construction completion, thereby reducing the risk of mid-project delays compared to structures that require more substantial upfront payments.

How does 165 Wynwood compare to NoMad Wynwood or The Rider at Wynwood?

The scale of 165 Wynwood, consisting of 16 apartments, is its primary structural difference from both projects. NoMad Wynwood offers 329 fully furnished apartments managed under the NoMad Hotels brand, with operator-managed short-term rentals—a structure that includes a revenue-sharing agreement and reduces owner control.

The Rider at Wynwood offers 146 apartments designed with a musical and industrial aesthetic. Neither of these projects can offer the same sense of community as 165 Wynwood, with its 16 apartments.

To view available units at 165 Wynwood or compare them to similar boutique condominiums for sale in Miami’s Wynwood neighborhood, contact a Bogatov Realty consultant or submit an inquiry on this page.

“The mural is permanent. Just like the investment appeal of 165 Wynwood.

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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker