1027 NW 29th ST, Miami, FL 33127
1027 NW 29th ST, Miami, FL 33127
1027 NW 29th ST, Miami, FL 33127
1027 NW 29th ST, Miami, FL 33127
1027 NW 29th ST, Miami, FL 33127
1027 NW 29th ST, Miami, FL 33127
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Joe Desane

Joe Desane

+1(561) 827-3659
$ 1,495,000
Est. payment | /mo

1,165 SqFt

Save Virtual Tour
$ 1,495,000
Est. payment | /mo
Save Virtual Tour

1,165 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,165 sqft

Price per Sqft $1,283

Subdivision Santa Clara Sub

MLS Listing ID A12073294

HOA Y/N No

Total Fin. Sqft 1165

Year Built 1935

Annual Tax Amount $11,440

Tax Year 2025

Property Sub-Type Duplex

Property Description

Rare, fully-entitled development site on the fast-densifying western edge of Miami's Wynwood corridor. 1027 NW 29 Street is a ±10,687 SF T4-O parcel that is site-plan approved for an eight-story, mixed-use building with 50 residential units over ground-floor retail — designed by JCD Architect, Inc. with a lobby/leasing area, bike amenity, and a landscaped rooftop with a signature mural. With entitlements already secured, a buyer skips the longest and most uncertain phase of development and moves directly toward permitting and construction — a compelling basis at $1,450,000, roughly $29,000 per approved unit. The approved 120% AMI rent structure supports projected stabilized residential income of approximately $1.5M per year, and T4-O zoning allows a wide range of uses including multifamily, townhomes, live/work, retail, and mixed-use. Major upside: the adjacent lot at 2900 NW 10 Avenue is also for sale — an income-producing 4-plex on a ±13,500 SF corner — allowing a buyer to assemble ±24,187 SF and either phase two projects or combine the parcels to expand the development and add structured parking. Minutes to Wynwood, Midtown, the Design District, Edgewater, and Downtown Miami, with direct I-95 access.

Location

State FL

County Miami-dade

Area 2310

Zoning 4801

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Central Air

Flooring Tile

Fireplace No

Exterior

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 8

Private Pool No

Building

Dwelling Type Duplex

Story 1

Sewer Public Sewer

Structure Type Block,Frame,Stucco

Schools

Elementary Schools Santa Clara

Middle Schools Georgia Jones-Ayers

High Schools Miami Jackson

Others

Tax ID 0131260361190

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12073294

BeachesMLS, Inc. (FLR) IDX
Listed by Miguel A Fuentes Fausto Commercial Realty Consultants Inc

NEARBY SCHOOLS & PROPERTIES

Joe Desane

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 827-3659

joe@stayfl.co

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1027 NW 29th ST