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175 NW 27th St - Hotel/Mixed Use Development | Wynwood
0.13 Acres of Commercial Land in Miami, FL 33127
Investment Highlights
- Uses may include hotel, residential, restaurant, or office
- Miami 21 for up tp 30% parking reduction for properties located within a 1/2 mile of a TOD or 1/4 mile of a transit corridor
- Currently, the site allows for the development of up to 8 stories (with bonuses)
- The site provides developers with the potential to develop residential, commercial, or hospitality driven projects
Executive Summary
The site provides developers with the potential to develop residential, commercial, or hospitality driven projects
Currently, the site allows for the development of up to 8 stories (with bonuses)
Uses may include hotel, residential, restaurant, or office
Potential tenant/lease of the development
Potential to develop more units by doing an assemblage with lot behind it & develop 120 key hotel
Commencing on the Opening Date, an amount equal to $16,750 multiplied by the actual number 120 guest rooms = $2M a Year for 20 Year and will be corporate guarantee by the holding company.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | 1031 Exchange | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.13 AC |
| Property Type | Land |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.13 AC |
1 Lot Available
Lot
| Lot Size | 0.13 AC |
| Lot Size | 0.13 AC |
FA Commercial si pleased to present this land investment opportunity to develop a premium mixed-used building with a hotel and retail in the heart of Miami’s Wynwood Art District, located at the “hottest” street.
Description
FA Commercial si pleased to present this land investment opportunity to develop a premium mixed-used building with a hotel and retail in the heart of Miami’s Wynwood Art District, located at the “hottest” street. Property Brochure: https://facommercial.com/properties/?propertyId=1425030-sale
PROPERTY TAXES
| Parcel Number | 01-3125-029-0480 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,851,258 CAD |
PROPERTY TAXES
zoning
| Zoning Code | T5-O |
| T5-O |
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Power Broker Fabio Faerman -
Sebastian Faerman -
FA Commercial
Presented by
175 NW 27th St - Hotel/Mixed Use Development | Wynwood
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