$1,800,000

Estimated payment $11,671/month

Total Views 527
0.16 Acres
$10,975,610 Price per Acre
7,150 Sq Ft Lot

About This Lot

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.

Listing Agent

Martina Smolakova

Fausto Commercial Realty Consultants Inc License #3474819 Listed on: 06/01/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,352

Lot Details

  • 7,150 Sq Ft Lot
  • Lot Dimensions are 40x143
  • Property is zoned 6101

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Devonshire Park Sub Condos
  • Devonshire Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-020-0150

Property Details

Property Type

Land

Est. Annual Taxes

$22,352

Lot Details

7,150 Sq Ft Lot

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 0.164
  • Lot Size: 40x143
  • New Construction: No
  • Road Frontage Type: Legal Access Road, City/County Maintained, Public Road
  • Subdivision Name: DEVONSHIRE PARK SUB
  • CurrentPrice: 1800000
  • InternetRemarks: Wynwood Norte 24-Unit Development Opportunity | T5-O Zoning | Plans in Revision Review
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Central Urban, Intensive Development, Open Land

Exterior Features

  • Lot Features: City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DEVONSHIRE PARK SUB

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-25-020-0150
  • Current Use: Unimproved Multi Family (5+Units), Other Usage, Other Style
  • Lot Size Sq Ft: 7150
  • Zoning: 6101

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 22352

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,633 $1,059,691
2024 $10,035 $963,356 $893,750 $69,606
2023 $10,035 $232,400 $0 $0
2022 $7,028 $211,273 $0 $0
2021 $5,936 $192,067 $0 $0
2020 $5,382 $354,549 $321,750 $32,799
2019 $4,913 $318,799 $286,000 $32,799
2018 $4,096 $247,299 $214,500 $32,799
2017 $911 $50,142 $0 $0
2016 $906 $49,111 $0 $0
2015 $909 $48,770 $0 $0
2014 $910 $48,383 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2026 06/01/26 For Sale $1,800,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $1,030,000 Nunez Estate Law & Title Pa
Quit Claim Deed -- Florida Select Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A12031649

MIAMI REALTORS® MLS

APN: 01-3125-020-0150

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