559 NW 34th St, Miami FL 33127

Description of 559 NW 34th St, Miami FL 33127

Exclusive Wynwood Norte infill opportunity in one of Miami’s fastest-growing urban districts, with direct access to Midtown, Edgewater, Design District, Brickell, and Miami International Airport. The 7,150 SF T5-O site includes plans under City of Miami review for a 24-unit multifamily development. Entitlements are well advanced, with approvals expected in ~5 months, significantly reducing pre-development time. Ownership will assist through final approvals to help expedite delivery. The design features all 2-bedroom, 2-bathroom units, optimized for traditional leasing or co-living. Each bedroom has private bath access, maximizing rent per bedroom. Comparable Wynwood co-living projects such as i5 Wynwood are achieving ~$1,350 per bedroom. Offered at $1.8M ($75K per unit and ~$252 PSF), the asset sits in a high-growth submarket with strong demand, population growth, and ongoing redevelopment. Ideal for developers seeking a near-term groundbreaking opportunity with reduced entitlement risk and flexible leasing strategies. Financing, lender, architect, and GC introductions available.

Property Details for 559 NW 34th St, Miami FL 33127

Pool Private

No

Direction Faces

South

Building Information for 559 NW 34th St, Miami FL 33127

Building Name

DEVONSHIRE PARK SUB

Building Area Units

Square Feet

Association

No

Property Information for 559 NW 34th St, Miami FL 33127

Lot Features

Other

Lot Size Square Feet

7,150

Waterfront

No

View

No

New Construction

No

Public Records for 559 NW 34th St, Miami FL 33127

Parcel Number

01-31-25-020-0150

Tax Annual Amount

$22,352

Tax Year

2,025

Tax Legal Description

DEVONSHIRE PARK SUB PB 5-21 LOT 8 BLK 2 LOT SIZE 50.000 X 143

Zoning

6101

County Or Parish

Miami-Dade County

Location