559 NW 34th St, Miami, FL 33127

About This Home

Exclusive Wynwood Norte infill opportunity in one of Miami’s fastest-growing urban districts, with direct access to Midtown, Edgewater, Design District, Brickell, and Miami International Airport. The 7,150 SF T5-O site includes plans under City of Miami review for a 24-unit multifamily development. Entitlements are well advanced, with approvals expected in ~5 months, significantly reducing pre-development time. Ownership will assist through final approvals to help expedite delivery. The design features all 2-bedroom, 2-bathroom units, optimized for traditional leasing or co-living. Each bedroom has private bath access, maximizing rent per bedroom. Comparable Wynwood co-living projects such as i5 Wynwood are achieving ~$1,350 per bedroom. Offered at $1.8M ($75K per unit and ~$252 PSF), the asset sits in a high-growth submarket with strong demand, population growth, and ongoing redevelopment. Ideal for developers seeking a near-term groundbreaking opportunity with reduced entitlement risk and flexible leasing strategies. Financing, lender, architect, and GC introductions available.

Building & Association

Building Name

DEVONSHIRE PARK SUB

Association

No

Lot & Construction

Lot Features

Other

Lot Size Square Feet

7,150

Waterfront

No

View

No

New Construction

No

Public Records

Parcel Number

01-31-25-020-0150

Tax Annual Amount

$22,352

Tax Year

2,025

Zoning

6101

County Or Parish

Miami-Dade County

Location