“Market Opens for 5 Parcels in Wynwood”

"Market Opens for 5 Parcels in Wynwood"

Marcus & Millichap has secured the exclusive listing for a mixed-use land portfolio in Wynwood, Miami. This highly sought-after property is priced at $18.3 million and spans 2.12 acres.

The portfolio is divided into five mini portfolios, each with its own unique development potential. The first parcel features plans for a high-end restaurant or lounge on its 27,570-square-foot lot. The second offers 1.07 acres designated for a townhouse project with preliminary development plans already in place.

The third parcel includes 15,818 square feet zoned for a co-living project consisting of 66 units. The fourth consists of two single-family homes on .24 acres that are currently generating income as short-term rentals but also have redevelopment potential.

Lastly, the fifth parcel includes a leased single-family home on .17 acres with flexible development options available.

Located in the popular art district of Wynwood along the bustling Second Avenue corridor known for its galleries and restaurants, this property presents an exciting investment opportunity.
Alex Zylberglait and Michael Crocchiola from Marcus & Millichap’s Miami office are representing the seller and presenting this unique opportunity to interested buyers.
Don’t miss out on your chance to acquire one or more parcels from this prime mixed-use land portfolio now available in vibrant Wynwood!

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