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118 NW 35th St, Miami FL 33127

Commercial For Sale
$1,490,000

BTC: 23.76395534

ETH: 934.35087697

1 days
0 room(s)

Overview

A truly rare opportunity in the heart of Miami's thriving Wynwood district. Situated at 118 NW 35th Street, this exceptional property is one of only FOUR parcels in all of Wynwood that directly adjoins the neighborhood's only public park—offering a unique combination of open green space, privacy, and long-term value that simply cannot be replicated. (seller financing available) The property's direct park frontage creates an unmatched setting for future development, investment, or a signature residential project. The offering includes the property along with a thoughtfully designed development concept for a four-story residential building featuring 19 studio and one-bedroom residences totaling approximately 14,045 interior square feet. The proposed project has been planned in accordance with the current Miami 21 zoning framework, (Live Local Act) Whether you're an experienced multifamily developer, private investor, or opportunity fund seeking a premier urban infill project, Park Place Wynwood delivers a unique combination of location, zoning, and vision. With development plans included in the sale, purchasers can benefit from a clear path toward creating a boutique residential asset in one of Miami's most sought-after neighborhoods. Currently theres a completely remodeled, 2/2 main house and a 1/1 apt producing monthly income. 1 year old roof and impact windows.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1925
Lot:
7250 Square Feet
Heating:
Central
Price/sqft:
No Data
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,990,000
$1.8M – $11.3M
Confidence Low
List vs. estimate
$1.5M below estimate
List $1,490,000 · -50.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $795K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,432
Parking
6 spaces
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Other

  • Lot

    • Lot: 7250 Square Feet

    Other Property Information

    • Parcel Number: 01-31-25-019-0760

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $16,432

  • Source details

    • MLS ID: A12049366

    Other facts

    • Construction Materials: Concrete Block Construction

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: Lifestyle International Realty