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237 NW 33rd St, Miami FL 33127

Commercial For Sale
$975,000

BTC: 12.73510972

ETH: 420.25862069

New
0 room(s)

Overview

Wynwood Norte Development Site | 17 Units By Right + 30,000 SF Assemblage Potential Fausto Commercial presents 237 NW 33rd Street, a 5,000 SF development site in Wynwood Norte. Zoned T4-R within NRD-2, the property offers potential for 17 residential units and three stories by right, with additional height available through qualifying workforce housing and the NRD-2 Public Benefits Program. Qualifying structures under 20,000 SF require no off-street parking, helping maximize building efficiency. Develop a boutique 17-unit project or pursue a larger assemblage totaling approximately 30,000 SF, with potential for up to 102 units by right. Owners of neighboring 247 NW 33rd Street and properties to the east would consider selling; 227 and 221 NW 33rd Street are currently on the market. Existing improvements offer interim income during pre-development. Minutes from Wynwood, Midtown, the Design District and Edgewater, this site combines favorable zoning, parking flexibility and assemblage upside. Contact us for details, tours of nearby projects, and introductions to architects and builders experienced in the area. All zoning, density, parking and development information requires independent verification. Adjacent parcels are separately owned; assemblage is not guaranteed.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$500,000
$199K – $1.7M
Confidence Low
List vs. estimate
$475K above estimate
List $975,000 · +95.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
57 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $885K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,436
2026
All facts and features
  • Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 01-31-25-019-1870

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Electricity Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $10,436

  • Source details

    • MLS ID: A12118280

    Other facts

    • Lot Features: Inside Lot / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 50x100

    • Subdivision Name: WYND WOOD PARK

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