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150 NW 21st St - The Wynwood Center Development Site

5,950 SF Specialty Building Offered at $19,773,706 CAD in Miami, FL 33127

Investment Highlights

  • The Event Venue Holds A Current Assembly License That Allows For Special Events
  • Vibrant Retail Neighborhood With Several Development Undertakings
  • Upzoning Possibility with the Live Local Act

Executive Summary

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 150 NW 21st Street, Miami, FL
33127. The subject property is a 21,200 SF development site, ideal for mixed-use or a boutique hotel, zoned T5-O, allowing
for 8 stories, 73-109 with bonus or 146-219 keys for a total surface of 135,000 SF. The site is located on 21st Street, a block
away from NW 2nd Avenue, traversing the center of Wynwood. It is currently operated as an event venue and film studio.
Wynwood is a vibrant retail neighborhood with brands including Pastis, Doya, Uchi, Billionaire Boy’s Club, Smorgasburg
Mami, and more. There are over 35 developments under construction or planned in Wynwood, with a pipeline of 5,500
residential units and 400,000 SF of Retail to be developed in the next few years.

Property Facts

Price $19,773,706 CAD
Price Per SF $3,323 CAD
Sale Type Investment
Sale Conditions Redevelopment Project
Property Type Specialty
Property Subtype Movie/Radio/TV Studio
Building Class C
Lot Size 0.49 AC
Building Size 5,950 SF
No. Stories 1
Year Built 1947
Parking Ratio 0.5/1,000 SF

Amenities

  • Air Conditioning
Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (71)
Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3125-054-0490
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,591,536 CAD

zoning

Zoning Code T5-O (Open T5 Urban Center Zone)
T5-O (Open T5 Urban Center Zone)
  • Listing ID: 29111997

  • Date on Market: 2023-07-26

  • Last Updated:

  • Address: 150 NW 21st St, Miami, FL 33127

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