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74 NW 28th St, Miami FL 33127

Commercial For Sale
$9,000,000

BTC: 108.25114265

ETH: 3,396.22641509

3 days
0 room(s)

Overview

Wynwood Development Opportunity – Approved Project & Liquor License Included Synergy Realty Advisors presents a rare development opportunity in the heart of Wynwood: two adjacent lots at 74 NW 28th St and 82 NW 28th St, totaling ±11,300 SF of vacant land and sold together. The offering comes with an APPROVED PROJECT for a five-story, three-venue restaurant building of ±28,681 SF, including ±9,669 SF of garden and terrace dining, and a LIQUOR LICENSE is included in the sale. With plans and permits already in place, a developer can skip years of design and entitlement work and move straight to construction. Under the site's T5-O / NRD-1 zoning, no parking or loading is required, so almost the entire lot can go to building and outdoor dining space. The site is within walking distance of the Wynwood Walls, Midtown Miami and the district's busiest dining and nightlife corridor. It's ideal for a developer or investor who wants to build and lease all three venues, or for a restaurant group that plans to operate the ground floor and lease the upper levels.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,400,000
$582K – $5.1M
Confidence Low
List vs. estimate
$7.6M above estimate
List $9,000,000 · +542.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $915K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$100,970
2025
All facts and features
  • Lot

    • Lot: 0.26 Acres

    Other Property Information

    • Parcel Number: 01-31-25-029-0840

    • Zoning: 6101

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • No Utilities

    • None

  • Other financial information

    • Annual tax amount: $100,970

  • Source details

    • MLS ID: A12095292

    Other facts

    • Lot Features: City Location / Less Than 1 Acre

    • Water Source: Other

    • Lot Size Dimensions: 100x112

    • Subdivision Name: DONMOORE VILLA AMD PL

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: Synergy Realty Advisors