Hotel/Mixed Use Development | Wynwood

175 Northwest 27th Street, Miami, FL 33127

  • For Sale Contact Broker
  • Property Type VacantLand
  • Lot Size 0.13 Acre
  • Additional Rent Contact for pricing
  • Date Updated Dec 16, 2024
Wynwood is a neighborhood in Miami, Florida. Wynwood is known for being an entertainment district, with artwork, restaurants, breweries, clothing stores, and dance venues, among other retail options. Formerly an industrial district, the area is now known for the murals that cover the walls of many of the buildings and many of the sidewalks. It is north of Downtown Miami and Overtown, and adjacent to Edgewater. Wynwood has two major sub-districts, the Wynwood Art District in northern Wynwood, and the Wynwood Fashion District along West 5th Avenue.Introducing a prime investment opportunity located at 175 Northwest 27th Street in vibrant Miami, FL. This property, zoned T5-O, offers developers the potential to create dynamic residential, commercial, or hospitality-driven projects, with the current allowance for up to 8 stories (with bonuses). Boasting versatile uses including hotel, residential, restaurant, and office spaces, this site presents numerous possibilities for tenant/lease opportunities. It also offers the potential for lucrative land assemblage to accommodate a 120-key hotel, solidified by an LOI with Krymwood Hotel. Take advantage of Miami 21 parking reductions and corporate guarantee for the development's success. This is an exceptional opportunity for forward-thinking investors seeking diverse and promising development potential.
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Highlights

  • Miami 21 for up tp 30% parking reduction for properties located within a 1/2 mile of a TOD or 1/4 mile of a transit corridor
  • The site provides developers with the potential to develop residential, commercial, or hospitality driven projects
  • Currently, the site allows for the development of up to 8 stories (with bonuses)
  • Uses may include hotel, residential, restaurant, or office
  • Potential tenant/lease of the development
  • Potential land assemblage to develop 120 key hotel
  • LOI with Krymwood Hotel for a 120 hotel rooms. Commencing on the Opening Date, an amount equal to $16,750 multiplied by the actual number 120 guest rooms = $2M a Year for 20 Year and will be corporate guarantee by the holding company.

Contacts

broker
Fabio Faerman, CCIM

FA Commercial

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Transit Score ®

    50/100 Good Transit

  • Bike Score ®

    84/100 Very Bikeable
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  • City Miami, FL
  • Neighborhood Wynwood
  • Zip Code 33127
  • Market Miami

Points of Interest

  • MiamiCentral

    1.72 miles

  • Brickell City Centre

    2.49 miles

  • Miami Airport

    3.72 miles

  • Miami Intermodal Center

    3.79 miles

  • Hialeah Market

    3.79 miles

  • MIA Station

    4.90 miles

  • Miami

    4.93 miles

  • Gates E2-E11

    5.07 miles

  • 4

    5.31 miles

  • Gates E20-E35

    5.32 miles

  • Marathon

    0.47 miles

  • ChargePoint Charging Station

    0.75 miles

  • BP

    0.75 miles

  • Tesla Supercharger

    0.85 miles

  • Shell

    0.86 miles

  • Valero

    2.13 miles

  • Chevron

    2.28 miles

  • Sunflex

    2.43 miles

  • ChargePoint

    6.26 miles

  • Blink

    8.21 miles

  • CITY VIEW GARAGE

    0.72 miles

  • PALM COURT GARAGE

    0.79 miles

  • Museum Garage

    0.85 miles

  • PARADISE PLAZA GARAGE

    0.93 miles

  • Highland Professional Building

    0.97 miles

  • Baskon Palmer Private Parking

    1.00 miles

  • Park Plaza East

    1.04 miles

  • North Parking Garage

    1.05 miles

  • Park Plaza West

    1.26 miles

  • Dominion Tower Parking Garage

    1.30 miles

  • Hyde Midtown Miami

    0.60 miles

  • AC Hotel by Marriott Miami Midtown

    0.70 miles

  • Hampton Inn & Suites Miami Midtown

    0.71 miles

  • Wishes Biscayne Motel

    0.75 miles

  • Opera Suites & Marina

    0.99 miles

  • Hilton Miami Downtown

    1.02 miles

  • Mare Azur Design District Luxury Apartments

    1.04 miles

  • Doubletree by Hilton Grand Hotel Biscayne Bay

    1.08 miles

  • Miami Marriott Biscayne Bay

    1.12 miles

  • Dunns-Josephine Hotel

    1.26 miles

  • Sweetgreen

    0.05 miles

  • Wynwood Diner

    0.06 miles

  • Bakan Wynwood

    0.06 miles

  • Wynwood Kitchen & Bar

    0.09 miles

  • Mmmm

    0.09 miles

  • Jugofresh

    0.10 miles

  • Joey's Italian Cuisine

    0.10 miles

  • GK Bistronomie

    0.13 miles

  • Baccano

    0.15 miles

  • Manta Miami

    0.15 miles

  • Miami Acting Studio

    0.05 miles

  • ABC Day Care Center

    0.17 miles

  • Young Men's Preparatory Academy

    0.20 miles

  • Eneida Masses Hartner Elementary School

    0.21 miles

  • Heritage School

    0.39 miles

  • Palm Springs Presbyterian Kindergarten

    0.42 miles

  • Jose de Diego Middle School

    0.43 miles

  • Shores School

    0.52 miles

  • Dunbar School

    0.55 miles

  • Aspira Eugenio Maria De Hostos School

    0.61 miles

  • Deas Day Care Center

    0.51 miles

  • Marks Day Care Center

    0.51 miles

  • Saint Agnes Rainbow Village Family Development Center

    0.52 miles

  • Rainbow Village Family Development Center

    0.53 miles

  • Saint Agnes Day Care Center

    0.66 miles

  • Kidco Child Care Center Number 3

    0.71 miles

  • Village Fresh Start Day Care Center

    0.72 miles

  • Lindsey Hopkins Child Care Center

    0.78 miles

  • Kidco Learning Center

    0.81 miles

  • YWCA Gerry Sweet Early Learning Center

    1.61 miles

Frequently Asked Questions

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The sale price for Hotel/Mixed Use Development | Wynwood is available upon request. Contact the listing broker for more information.

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Contact Listing Broker
broker
Fabio Faerman, CCIM

FA Commercial