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559 NW 34th St, Miami FL 33127

Commercial For Sale
$1,800,000

BTC: 29.95008319

ETH: 1,030.92783505

1 days
0 room(s)

Overview

We are pleased to present a rare multifamily development opportunity in the heart of Wynwood Norte, one of Miami’s fastest-evolving urban core submarkets. This 24-unit ground-up project is fully designed for efficiency, featuring twenty-four (24) 2-bedroom units with previously approved plans currently undergoing revision review—providing a streamlined and well-advanced path toward construction. The property sits on a 7,150 SF lot with an existing 1,250 SF structure and is zoned T5-O, allowing for flexible and higher-density urban development. Strategically located just minutes from Midtown, Edgewater, Brickell, the Design District, and Miami International Airport, the site benefits from immediate access to Miami’s strongest employment centers, retail corridors, and rental demand drivers. This is an exceptional opportunity for developers seeking a de-risked, design-forward project in a high-growth neighborhood with strong long-term fundamentals and continued appreciation potential.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.16 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,250,000
$400K – $3.9M
Confidence Low
List vs. estimate
$550K above estimate
List $1,800,000 · +44.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
61 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$22,352
2025
All facts and features
  • Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 01-31-25-020-0150

    • Zoning: 6101

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $22,352

  • Source details

    • MLS ID: A12031649

    Other facts

    • Lot Features: City Location / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 40x143

    • Subdivision Name: DEVONSHIRE PARK SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc