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270 NW 35th St, Miami FL 33127

Multi-family For Sale
$950,000

BTC: 15.07936508

ETH: 539.77272727

-$109K (2026/05/18)
73 days
0 room(s)
900 sqft

Overview

Investor Alert: Covered Land Play in Wynwood Norte – No Parking Required Rare opportunity to acquire a 4,465 SF development site in Wynwood Norte, zoned T4-R within the NRD-2 overlay—allowing up to 15 units by right with no parking requirement (under 20,000 SF buildable threshold). Currently improved with a 2-unit (2 bed / 2 bath) structure totaling 960 SF, this property offers immediate flexibility as a covered land play—generate income while advancing plans, or move straight into redevelopment. Positioned in one of Miami’s most active urban infill corridors, this site provides a clear path to maximize density without the cost and inefficiency of structured parking. Ideal for developers seeking a streamlined project with strong unit yield in a high-demand rental market. Key Highlights: 4,465 SF lot in Wynwood Norte (NRD-2 overlay) Up to 15 units by right No parking required (sub-20,000 SF project) Existing duplex for interim income High-growth location near Wynwood, Midtown, and the Design District A true value-add opportunity with multiple execution paths—build now, hold with income, or entitle for future upside.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1957
Lot:
No Data
Heating:
None
Price/sqft:
$1,056
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$397,000
$230K – $789K
Confidence Low
List vs. estimate
$553K above estimate
List $950,000 · +139.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,055
+142.4% vs. city median $435
Based on
15 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $807K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,606
2025
Parking
4 spaces
All facts and features
  • Heating

    • None

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-31-25-040-0130

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $12,606

  • Source details

    • MLS ID: A11995801

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 900

    • Subdivision Name: CHEFNEUX 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