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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.
| 4 weeks ago | Status changed to Active | |
| 4 weeks ago | Price changed to $1,059,000 | |
| 4 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |